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Ausgold Limited

    Home transactions_new Ausgold Limited
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    Ausgold Limited

    By admin | | Comments are Closed | 14 April, 2023 | 0

    Ausgold Limited

    Placement

    Ausgold Limited & Argonaut

    Ausgold raises A$12 million to continue expansion and development of its 2.16Moz Katanning Gold Project

    Argonaut acted as Joint Lead Manager to the A$12.0 million Placement of Ausgold Limited (ASX:AUC) (Ausgold) to continue expansion and development of its 2.16Moz Katanning Gold Project. Funds raised will be used substantially for resource expansion drilling and regional exploration, completion of a definitive feasibility study, advancement of a scoping study for increased plant throughput, as well as property acquisitions.

    The Placement was cornerstoned by leading international and domestic investors including Dundee Corporation and Jupiter Asset Management.

    Argonaut is delighted to support Ausgold and looks forward to the Company’s ongoing success.

    Additional information regarding Ausgold can be found on the Company’s website at https://ausgoldlimited.com/

    Ausgold Limited – $12m Placement – April 2023

    Argonaut Capital Raising
    Transactions for Ausgold Limited

    $12,000,000
    Joint Lead Manager
    2023
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