Argonaut Resources’ share purchase plan closes early and oversubscribed
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.
Oaklins’ team in Australia acted as lead manager in this transaction.
Talk to the deal team
Senior AdvisorSydney, Australia
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