Argonaut acted as Joint Financial Advisor to a $20.8 million Equity Raising for Genesis Minerals Limited (ASX: GMD) (“Genesis” or the “Company”). The Equity Raising was cornerstoned by Raleigh Finlayson who has been appointed as Managing Director of Genesis, and also strongly supported by new and existing institutional and sophisticated investors.
Funds from the Equity Raising will be applied towards exploration programs at the Company’s Ulysses Gold Project, advancing ongoing feasibility studies and other strategic opportunities as they emerge.
Argonaut is delighted to continue to provide support to Genesis and looks forward to Genesis’ ongoing success.
Additional information regarding Genesis can be found on the Company’s website at www.genesisminerals.com.au