Godolphin Resources (ASX:GRL) received commitments to raise AU$1 million through a single-tranche placement of 89.8 million fully paid ordinary shares at an issue price of AU$0.011 apiece, according to a Wednesday filing with the Australian bourse.
The issue price is a 15% discount to the last traded price of the company's shares. Allotment of the shares is expected on April 1.
Funds will be used to advance metallurgical studies and exploration target development at the company's Lewis Ponds gold-silver-base metals project in New South Wales, per the filing.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。