Golden Rim Resources – $8.3m Placement & Entitlement Offer  – 2022

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

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 institutional and sophisticated investors.

Golden Rim will utilise proceeds to fund further exploration drilling and work programs at its flagship Kada Gold Project and general working capital.

Argonaut is excited to support Golden Rim Resources and looks forward to its ongoing success.

Additional information regarding Golden Rim Resources can be found on the Company’s website at https://goldenrim.com.au/