Argonaut acted as Joint Financial Advisor and Lead Manager to the $27.5 million acquisition of the Henty Gold Mine and accompanying $18 million Placement for Catalyst Metals Limited (CYL:ASX). Henty is a high-grade gold asset in a world-class gold province, with significant near mine and regional exploration potential. The Placement was underpinned by strong support from a number of high-quality, new corporate and institutional investors and existing shareholders.

Catalyst Metals Limited (ASX: CYL) is an Australian mineral exploration company with interests in developing and mining shallow gold deposits, specifically along the Whitelaw Gold Belt north of Bendigo as well as in Four Eagles and Tandarra. Catalyst Metals Limited has a strong board & management and a tight capital structure with support from Hancock Prospecting Pty Ltd and St Barbara Ltd.