ArgonautArgonautArgonautArgonaut
  • About Us
    • Business Model
    • Regulation
    • Community
    • Jason and the Argonauts
    • Disclaimer and Disclosure
    • COVID-19 Visitor Requirements
  • Corporate Finance
  • Stockbroking & Research
    • Stockbroking
    • Research
    • Best Execution Policy
    • Administration Forms
    • Open an Account
  • Special Situations
  • News
    • Latest News
    • Morning Notes
    • Latest Research
  • Contact
    • Careers
      • Advisers
      • Graduate Program
      • Internship Program

Congratulations Gascoyne Resources on your Capital Raising

    Home News Congratulations Gascoyne Resources on your Capital Raising
    NextPrevious

    Congratulations Gascoyne Resources on your Capital Raising

    By admin | News | 0 comment | 28 March, 2017 | 0

     

    Argonaut as Co-Manager has been successful in raising of A$55 million for Gascoyne Resources Limited (ASX: GCY) (“Gascoyne”) to domestic and international institutional and professional investors via a placement and share purchase plan of 110 million new ordinary shares at an issue price of A$0.50 per share, with Hartleys Limited.

    Proceeds from the capital raising will be applied towards development of the Dalgaranga Gold Project in the Murchison region of Western Australia and for exploration and working capital.

    Commenting on completion of the Placement, Gascoyne’s Managing Director, Mike Dunbar said “We would like to thank all of our existing shareholders who took part in the SPP and capital raising. The funds raised will now allow the Company to not only fund the equity portion of the Dalgaranga development, but also an aggressive exploration programme at both the Company’s underexplored +1 million ounce gold projects in Western Australia.

    As we have announced in the past week, there has been significant progress towards the development of Dalgaranga, with the updated Resource at Gilbeys, confirmation of the Sly Fox discovery and signing of a conditional letter of intent with GR Engineering for the EPC contract.

    With the fundraising now complete, we are now looking forward to the development of the Dalgaranga Gold Project and significant news flow from ongoing exploration at both of our +1 million ounce projects.”

    Argonaut is delighted to provide support to Gascoyne and looks forward to our ongoing work with the company.

    Additional information regarding Gascoyne and the Capital Raising can be found on the company’s website at www.gascoyneresources.com.au.

    No tags.

    Related Posts

    • A$21.6 million Placement to ensure Catalyst is well-capitalised to advance exploration and development across the Plutonic-Marymia gold belt

      By Wendy McEvoy | 0 comment

      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 followingRead more

    • Acquisition of Vango Mining by Catalyst Metals marks the first step to controlling a third highly prospective Australian gold belt

      By Wendy McEvoy | 0 comment

      Argonaut PCF acted as Financial Advisor to Catalyst Metals Limited (ASX:CYL) (Catalyst) on its all scrip $66.0m off market takeover of Vango Mining Limited (ASX:VAN) (Vango). Vango owns the Marymia Gold Project which is locatedRead more

    • $8.3m Capital Raising for Golden Rim to further progress exploration at the Kada Gold Project

      By Wendy McEvoy | 0 comment

      Argonaut acted as Joint Lead Manager to a $2.4m Placement and $5.9m Non-Renounceable Entitlement Offer for Golden Rim Resources Limited (ASX:GMR). The Capital Raising was underpinned by strong support from a number of new and existing institutionalRead more

    • Auteco Minerals – $9m Placement – February 2023

      By Wendy McEvoy | 0 comment

      Argonaut acted as Co-Manager to the $9.0 million Placement for Auteco Minerals Limited (ASX:AUT). The Placement was underpinned by strong support from a number of new and existing institutional and sophisticated investors. Proceeds from theRead more

    • $30.0 million Placement for AIC Mines Limited to accelerate staged expansion at the Eloise Copper Mine.

      By Wendy McEvoy | 0 comment

      Argonaut acted as Joint Lead Manager and Joint Bookrunner to the $30.0 million Placement for AIC Mines Limited (ASX:A1M). The Placement was well supported by a number of institutional investors alongside existing shareholders, directors andRead more

    NextPrevious

    Recent Posts

    • 24/03/2023 – Morning Note
    • A$21.6 million Placement to ensure Catalyst is well-capitalised to advance exploration and development across the Plutonic-Marymia gold belt
    • MLG Oz (MLG) – Tuning In To FY24
    • 23/03/2023 – Morning Note
    • 22/03/2023 – Morning Note

    Archives

    • About Us
      • Business Model
      • Regulation
      • Community
      • Jason and the Argonauts
      • Disclaimer and Disclosure
      • COVID-19 Visitor Requirements
    • Corporate Finance
    • Stockbroking & Research
      • Stockbroking
      • Research
      • Best Execution Policy
      • Administration Forms
      • Open an Account
    • Special Situations
    • News
      • Latest News
      • Morning Notes
      • Latest Research
    • Contact
      • Careers
        • Advisers
        • Graduate Program
        • Internship Program
    Argonaut

    Argonaut | The Natural Choice in Resources.
    © 2022 Argonaut.

    Corporate Finance
    Stockbroking & Research
    Contact Us

    Argonaut | Perth

    Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia

    clientservices@argonaut.com

    ABN 72 108 330 650

    Argonaut | Login

    Client Area Help
    Register for Access to Client Area
    Privacy Policy
    Financial Services Guide 
    Website Disclaimer

    Copyright 2022 | Website ⚡ by Start Digital