Argonaut acted as Co-Manager to the A$55 million Placement of Auteco Minerals Limited (ASX:AUT) to fund the acquisition of the Green Bay Copper-Gold Project in Newfoundland, Canada. The Placement also ensures Auteco is fully-funded for an aggressive exploration program aimed at rapidly growing the Green Bay Resource.
The Placement was strongly supported from global institutional and sophisticated investors along with Auteco’s board and management.
Argonaut is delighted to support Auteco and looks forward to Auteco’s ongoing success.
Additional information regarding Auteco can be found on the Company’s website at https://www.autecominerals.com.au