$10.6M institutional placement
Filed with ASX · · 2 pages · English
Summary by 6ix AI
The placement received strong demand from both international and domestic institutional investors, reflecting confidence in the company's Guinea portfolio. Proceeds will accelerate the second phase of drilling, aiming for a maiden Resource estimate in the near future. The placement will be issued in two tranches, with the first tranche not requiring shareholder approval.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Predictive Discovery Limited on 6ix
Story so far
Earlier from Predictive Discovery
- Exploration update - bankan-2 gold drilling underway
- 92m at 1.9g/t GOLD - DIAMOND DRILLING EXPANDS BANKAN PROJECT
- NE Bankan gold deposit grows with more strong drill results
- 55M at 2.94G/t gold-broad true widths confirmed at bankan
- NE Bankan now 1.6KM long with possible parallel gold zone
Later from Predictive Discovery
- Exploration update - bankan gold project, Guinea
- Diamond drilling underway at Bankan Gold project
- Outstanding, wide gold intercept grows bankan at depth
- High grade drill results extend Bankan ck discovery to north
- More depth extensions from drilling Bankan Gold discoveries
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