Exploration & Mining Finance News

Scotgold Resources raises £1.5m through placing

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Scotgold Resources Ltd raised £1.5 million before expenses via a placing of 2,142,857 depositary interests of no par value in the company at a price of 70p per new ordinary share.

Bridge Barn Ltd, a company owned and controlled by Scotgold’s chairman, Nathaniel (Nat) le Roux, will provide additional debt funding of £500,000 if required.

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Union Jack begins trading on OTCQB venture market

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Horizonte further derisks Araguaia for ESG compliance

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