St George Mining Ltd completes $7 million placement to under

St George Mining Ltd completes $7 million placement to underpin aggressive exploration of nickel‐copper sulphide targets


St George Mining completes $7 million placement to underpin aggressive exploration of nickel‐copper sulphide targets
Proceeds will go towards drilling and other exploration activities at St George’s flagship Mt Alexander Project in WA’s Goldfields
The company is also gearing up for the maiden drill program at its Paterson Project
St George Mining (ASX:SGQ) (FRA:S0G) has completed a $7 million private placement, issuing a total of 85,365,854 shares at a price of $0.082 per share to institutional and sophisticated investors. 
The funds raised will underpin drilling and other exploration activities at St George’s flagship Mt Alexander Project in WA’s Goldfields, where the company last month reported another high‐grade nickel‐copper sulphide discovery, further expanding Mt Alexander’s resource footprint. 

Related Keywords

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