Castle Minerals issues shares for Ghana gold exploration
Castle Minerals has raised $4.8 million through an equity issue to Resource Capital Funds, a Denver-based PE fund focusing on the mining industry, as well as to existing shareholders.
The 13.88 million ordinary shares were sold at A$0.35 each, and the proceeds from the raise will go toward gold exploration on Castle's land in Ghana. Castle Minerals listed on the Australian Stock Exchange...
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