White Rock Minerals has raised funds via a placement
White Rock Minerals Ltd (ASX:WRM) has raised funds to expedite mining activities at Woods Point gold project, recapitalize the Morning Star gold mine and gold processing facility as well as support working capital.
White Rock Minerals is a minerals resource exploration and development company. The company’s primary activities are focused on the development of its three key assets: Woods Point gold project, Red Mountain and Mt Carrington. Their portfolio provides investors with diversification through high-quality projects at differing developmental stages, exposed to different commodities in two jurisdictions.
Oaklins’ team in Australia acted as joint lead manager, alongside Viriathus Capital, to assist White Rock Minerals in raising funds.
Talk to the deal team
Related deals
Ausumgaard Biogen has received investment from Eurowind Energy
Ausumgaard Biogen has received investment from Eurowind Energy, supporting the further development of its renewable energy platform and circular business model. The investment represents a key milestone in Eurowind Energy’s biogas strategy.
Learn moreSolrød Biogas has been sold to Bigadan
Solrød Biogas AS, a biogas plant located in Solrød, Denmark, has been sold to Bigadan AS. The acquisition consolidates full ownership and operational management of Solrød Biogas under Bigadan, supporting further development opportunities.
Learn moreElectro Optic Systems has acquired the UK interceptor business of MARSS
Electro Optic Systems Holdings Limited (ASX: EOS) has acquired the UK-based interceptor unmanned aerial system business of MARSS Group for US$6.4 million (€5.5 million). The interceptor is a reusable electric drone effector guided by imaging sensors and AI, which EOS will integrate into its counter-drone portfolio for defense and critical infrastructure customers. EOS plans further investment to complete development.
Learn more