Argonaut acted as Joint Lead Manager to the A$21.6 million Placement of Catalyst Metals Limited (ASX:CYL) (Catalyst) to accelerate development and exploration activities across the Plutonic-Marymia gold belt which will be consolidated by Catalyst following its successful takeover of Vango Mining Limited, subject to the unanimously recommended acquisition of Superior Gold.
The Placement was cornerstoned by Hancock Prospecting, leading international institutional investors and was strongly supported by major shareholders of Superior and a former director and largest shareholder of Vango.
Argonaut is delighted to support Catalyst and looks forward to Catalyst’s ongoing success.
Additional information regarding Catalyst can be found on the Company’s website at https://catalystmetals.com.au/