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Argonaut Resources’ share purchase plan closes early and oversubscribed

October 2020 — Argonaut Resources NL has raised funds via an SPP.

Argonaut Resources is an ASX-listed mineral exploration and development company with copper, zinc and gold projects in Australia and Zambia. The funds will be used to drill test copper targets at the company’s 100%-held Murdie Project in South Australia, to complete a scoping economic study of the Nyungu copper-cobalt deposit at Lumwana West in Northwestern Zambia and for working capital.

Our role in the transaction

Oaklins’ team in Australia acted as lead manager in this transaction.

Talk to the deal team

Paul Young

Senior Advisor
Sydney, Australia
Oaklins Henslow

Peter Fraser

Director
Sydney, Australia
Oaklins Henslow

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