Argonaut Resources has raised funds via a share placement
Argonaut Resources NL has successfully completed a share placement to professional and sophisticated investors to raise funds. The funds raised will allow Argonaut to fast-track drilling at the Island gold prospect near Higginsville, Western Australia. The Island target is located on-trend with the primary Higginsville gold deposits and sits over a major structural intersection.
Argonaut Resources is an ASX-listed mineral exploration and development company with copper, zinc and gold projects in Australia and Zambia.
Oaklins’ team in Australia acted as lead manager in this transaction.
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