Argonaut congratulates Marindi Metals on Capital Raising
Argonaut as Lead Manager has been successful in raising of A$2.03 million for Marindi Metals Limited (ASX: MZN) (“Marindi”) to existing shareholders and new sophisticated and professional investors of 203,000,000 new ordinary shares at an issue price of A$0.01 per share. The company has also launched a Shareholder Purchase Plan (“SPP”) to raise an additional $1M.
Argonaut congratulates Hammer Metals on Capital Raising
Argonaut as Lead Manager has been successful in raising of A$1.2 million for Hammer Metals Limited (ASX: HMX) (“Hammer”) to new and existing shareholders of 18,500,000 new ordinary shares at an issue price of A$0.065 per share. Proceeds from the placement will be used to accelerate exploration at its Mount Isa project in NW Queensland, including drilling of the Scalper copper-gold
Argonaut congratulates Gold Road Resources on Capital Raising
Argonaut as Joint Lead Manager has been successful in a heavily oversubscribed raising of A$74 million for Gold Road Resources Limited (ASX: GOR) (“Gold Road”) to new and existing institutional investors both in Australia and overseas including cornerstone investment by three high quality North American investors and a retail entitlement offer at an issue price of A$0.44 per share, together with Macquarie Capital (Australia) Limited.
Congratulations Dakota Minerals!
Argonaut as Lead Manager has been successful in raising A$12.3 million for Dakota Minerals Limited (ASX: DKO) (“Dakota”) in a heavily oversubscribed Placement to institutional and sophisticated investors of 61,600,000 new ordinary shares at an issue price of A$0.20 per share which was at a 17.4% premium to the 10-day VWAP.
MZI Resources’ Keysbrook Mineral Sands Project Officially Opened
Argonaut wishes to congratulate MZI Resources (ASX: MZI) on the official opening on Monday 4th April 2016 of its flagship Keysbrook Minerals Sands Project, located 70km south of Perth, by the Honourable Tony Simpson, MLA for Darling Range and Western Australia’s Minister for Local Government; Community Services; Seniors and Volunteering; Youth.