GBM Resources (ASX:GBZ) has raised US$5.4 million via a placement
GBM Resources Limited has raised funds to accelerate drilling at the flagship Drummond Basin, along with funding the acquisition of Twin Hills.
GBM Resources is a gold exploration and development company with 1.5Moz gold JORC resources, focused on the discovery of world-class gold deposits in eastern Australia. It has three core projects: Flagship Drummond Basin assets, which include Mt Coolan, Yandan and Twin Hills; Malmsbury Project (50% JV with Novo Resources) for highly prospective “Fosterville style” gold target in Victorian goldfield; and White Dam, 100%-cashflow generating gold copper heap leach operation.
Oaklins’ team in Australia acted as joint lead manager alongside Taylor Collison. This is the third raise that the team has advised GBM on in the past two years.
Talk to the deal team
Ecorobotix has completed a fundraising
Ecorobotix has raised US$52 million. The new capital will enable the company to grow into new markets, expand its product range and build on the existing commercial success of ARA in Europe.Learn more
Change Financial Ltd (ASX:CCA) has raised funds to accelerate growth
Change Financial Limited has raised US$4.65 million to accelerate growth via a sole placement to successful fintech entrepreneur Michael H. Giles.Learn more
Diesenhaus Group has been acquired by a group of investors
The private shareholders of Diesenhaus Group have sold the company to a group of investors.Learn more