Argonaut acted as Joint Lead Manager to a $20.4 million Placement and Entitlement Offer for Kin Mining NL (ASX: KIN). The Placement was supported by new and key existing shareholders.
Funds from the Placement will enable Kin to progress infill and extension programs at its Eastern Corridor targets along with multiple other identified prospects at Cardinia as well as pursue strategic opportunities.
Argonaut is delighted to have supported Kin Mining and look’s forward to the Company’s long-term success.
Additional information regarding Kin Mining can be found on the Company’s website at https://www.kinmining.com.au//