Great Western raises exploration funds
PERTH (miningweekly.com) – Junior Great Western Exploration will raise A$5-million through a share placement to professional and sophisticated investors to fund exploration work.
The company has received binding commitments for the placement of 20-million new shares, at a price of 25c each, with the placement to be made under Great Western’s existing placement capacity.
“We are very pleased to have received such ongoing, strong support for the capital raising from our existing cornerstone and other large shareholders, and from new investors including many highly regarded mining executives,” said Great Western MD Tom Ridges.
“We are now very well funded to aggressively pursue our very high impact drilling programme in respect of well defined, large targets across three projects, while continuing to progress our extensive, high quality projects.”
The junior is planning drilling at the Finlayson camp, at its Golden Corridor project, as well as drilling at the large scale Copperhead and Taipan copper/gold targets, at the Copper Ridge project, as well as drilling at the newly identified Golden Bullock target, at the Atley North gold project.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation