Killi Resources Limited (ASX:KLI) – $15m Two-Tranche Institutional Placement

Argonaut acted as Co-Lead Manager to the placement, which received support from high-quality, existing and new institutional and sophisticated investors.

Proceeds from the placement will primarily be applied towards exploration and development at Lodestone, including infill and extensional drilling, metallurgical test work, engineering studies and environmental approvals.

Congratulations to Chairman Neville Power, founders Hamish Halliday and Steve Parsons, consultant Mike Naylor and the broader Killi Resources team on the successful transaction.

Argonaut’s Corporate Finance team was led by Kaiden Gilbert and supported by Max Carter-Mazak, with syndication led by Digby Gilmour. To learn more, visit the Killi Resources website here.