Aurum Resources Secures A$10 Million for Expansion
Aurum Resources Limited (AU:AUE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Aurum Resources Limited has successfully raised A$10 million through a share placement priced at A$0.35 per share, attracting both new and existing institutional investors. The funds will be used to support the acquisition of Mako Gold, including exploration and feasibility projects in Côte d’Ivoire. Aurum’s strategic move aims to bolster its presence in West Africa’s gold sector with promising projects at Boundiali and Napié.
For further insights into AU:AUE stock, check out TipRanks’ Stock Analysis page.
Trending Articles
TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions.