Argonaut acted as Joint Lead Manager to a $55m institutional placement (“Placement”) for Predictive Discovery Limited (ASX:PDI). The Placement was strongly supported by new institutional and domestic investors and existing shareholders.
Funds from the Placement will be applied towards growing the 3.65Moz Resource at Bankan, scoping study workstreams, baseline environmental studies and general working capital.
Argonaut is delighted to support Predictive and looks forward to their ongoing success.
