Argonaut acted as Joint Lead Manager to a $7.0 million Placement for St George Mining Limited (ASX:SGQ). The Offer was underpinned by strong support from a number of new domestic and international institutional and sophisticated investors.
Following recent success, the Company is now well positioned to advance further exploration drilling at its Mt Alexander high-grade nickel-copper project, as well as commence a maiden exploration program in the Paterson Province.
Argonaut is excited to support St George and looks forward to the Company’s ongoing success.
Additional information regarding St George Mining Limited can be found on the Company’s website at https://stgm.com.au/