Odyssey Gold Limited (ODY) – $9m Institutional Placement

Argonaut acted as Joint Lead Manager and Joint Bookrunner to the placement, which was supported by new and existing institutional and sophisticated investors, including cornerstone investor Tribeca Investment Partners.

Proceeds will be used to advance extensional and resource definition drilling, complete an updated Mineral Resource Estimate and Scoping Study, commence initial pre-development site works and for general corporate purposes.

Congratulations to Chairman Ian Middlemas, Executive Director Matt Syme and the broader Odyssey Gold team on the completion of the raising. Argonaut’s Corporate Finance team was led by Rob Telford and Thomas Brosnan, with ECM syndication support from Matt Middlemas.

For more information, visit the Odyssey Gold website here.