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Eastern Uranium raises $1.6 million in seed capital for ongoing work programs and preparation for listing.
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The Board of DAguilar wishes to advise that Eastern Uranium Pty Ltd, DAguilars specialist uranium explorer in eastern Queensland, has raised $1.6 million dollars by the issue of 8 million shares at 20 cents per share. DAguilar retains a holding of
50 million shares in Eastern Uranium.
The issue forms another essential element of DAguilars business plan, which focuses on a strategy of financing its exploration and appraisal activities in specialist commodity focused operating subsidiaries,
rather than in DAguilar.
The Board believes that this strategy allows for investment by longer term project focused investors, without broad dilution of DAguilar shareholders at discounted prices.
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This email was sent by Nicholas Mather, D'Aguilar Gold Ltd, Level 5, 60 Edward Street, Brisbane Australia 4000
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
D'Aguilar is a gold exploration company based in Australia. D'Aguilar develops gold and molybdenum in Australia, and holds various exploration projects in Australia. Its main asset in development is ANDURAMBA in Australia and its main exploration properties are MOUNT COBALT, STEVENS BASIN and AUSNICO in Australia. D'Aguilar is listed in Australia and in Germany. Its market capitalisation is 664 191 as of today (US$ 447 719, € 409 349). Its stock quote reached its highest recent level on June 15, 2007 at 0.47, and its lowest recent point on July 19, 2024 at 0.01. D'Aguilar has 47 442 200 shares outstanding. |