6916 search
Adamus Resources Ltd
AUSTRALIA ADU.AX 0,72 AU$ 0,00%
Logo

A$40M Placement for Project Development

Publié le 10 août 2009

A$40M PLACEMENT FOR PROJECT DEVELOPMENT

 

Adamus Resources Limited (?Adamus?) (ASX:ADU) is pleased to announce the placement of 115 million new shares at $0.35 per share to raise gross proceeds of $40.25 million.

 

The placement was keenly sought by both professional and sophisticated investors in Australia, Asia and Europe. Helmsec Global Capital Limited acted as Lead Manager for the Placement. The shares are to be issued in accordance with shareholder approval obtained on 24 July 2009.

 

Adamus? Managing Director Mark Bojanjac said:

 

?The quality of the institutional investors joining our share register in this share placement is testament to the quality of our team?s work to date on the Southern Ashanti Gold Project (?SAGP?) in Ghana.?

 

?Adamus now looks forward to developing the SAGP for mining in a timely and efficient manner. We are also well advanced adding key engineering and project management personnel to our team for this purpose.?

 

In addition the Company has received and is currently negotiating a number of offers for bank finance to complement its capital requirements. Finalisation of the final debt / equity package is expected in the near term.


For further information please contact :

 

Company

Mark Bojanjac
Managing Director / CEO
Email : mark@adamusresources.com.au

Media Advisors

Brian Thornton

Farrington National
Email :
bt@farrington.com.au

Articles en illimité et contenus premium Je m'abonne
Editoriaux
et Nouvelles
Actions
Minières
Or et
Argent
Marchés La Cote
search 6916
search