Placement to Raise $3.277m
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Predictive Discovery Limited has announced a placement to raise funds, which was oversubscribed, indicating strong support from institutional shareholders and the Board. The funds will be used for follow-up gold exploration in Burkina Faso and for working capital. A targeted drilling program is planned to recommence in December, focusing on previously identified high-grade gold prospects. The company is well-funded to continue its exploration programs following the completion of this placement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Predictive Discovery Limited on 6ix
Earlier from Predictive Discovery
- Exploration Update - Eastern Burkina Faso Gold Project
- Burkina Faso - New Gold Intercepts Confirm Bongou Potential
- Predictive Discovery Raises $1.065m
- Farm-out of Victorian Exploration Licence
- Exploration & Corporate Update
Later from Predictive Discovery
- Bonseiga Gold Project Strike Extended by 10km
- New Gold Discovery and Positive Drill Results at Bonsiega
- Cornerstone Investor Secured and Rights Issue
- Over 16km of Power Auger Gold Anomalies Defined on Laterite
- Predictive Secures Underwriter for Rights Issue
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