Published • loading... • Updated
Auric Mining Secures A$17 Million Placement, Launches SPP to Fuel Growth Strategy
The funding will support acquisitions, drilling and a Burbanks processing hub as Auric lifts its total war chest to almost $50 million.
Summary by sharecafe.com.au
5 Articles
5 Articles
Sydney Morning Herald+2 Reposted by 2 other sources
Auric pockets $17M for broad WA gold growth
Auric Mining has locked in $17 million to accelerate its WA gold growth strategy, including drilling at its Munda, Union Jack and newly acquired Iron Maiden projects.
·North Sydney, Australia
Read Full Article
Auric Mining Secures A$17 Million Placement, Launches SPP to Fuel Growth Strategy
Auric Mining Limited (ASX: AWJ), a gold exploration and development company focused on becoming a standalone producer with key infrastructure in the Kalgoorlie region, has announced a significant capital raising initiative. The company secured firm commitments for a A$17 million two-tranche placement at A$0.185 per share, complemented by a Share Purchase Plan (SPP) targeting up to A$3.0 million. This capital injection, strongly supported by new …
Coverage Details
Total News Sources5
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
Factuality
To view factuality data please Upgrade to Premium
