Argonaut is proud to have acted as Joint Lead Manager to the A$16.5 million placement, which was strongly supported by existing and new strategic investors, including globally significant resources-focused funds.
Funds raised will be applied towards near-mine resource growth, exploration, and project development activities at Crown Prince, which is set to commence production in H2 2025.
We congratulate CEO Alex Passmore and the entire New Murchison Gold team on this milestone. A special thanks to Argonaut’s deal team, led by Eddie Rigg, Kaiden Gilbert, Max Carter-Mazak, and Michael Paganin, for their contribution to this successful transaction.
For more information, visit the NMG website here.
