- Write by:
-
Friday, April 16, 2021 - 12:54:18 PM
-
712 Visit
-
Print
Mining News Pro - Junior explorer Viking Mines will raise A$4-million in a share placement to sophisticated and professional investors to fund drilling at its First Hit gold project, in Western Australia.
The company said on Friday that it had received firm commitments for the placement of more than 111.11-million shares, at a price of 3.6c each, in an oversubscribed placement.
The shares will be placed under Viking’s existing placement capacity, and will not require shareholder approval.
Proceeds from the capital raise will be used to extend the Phase 1 drilling programme at First Hit, and to fund the start of Phase 2 drilling, as well as for general working capital.
Short Link:
https://www.miningnews.ir/En/News/612163
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South ...
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s ...
Gold fell, with market watchers saying the previous day’s rally in response to Federal Reserve Chair Jerome Powell’s ...
Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has ...
Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ...
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday, missing analyst expectations on the ...
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner ...
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s ...
No comments have been posted yet ...