Gold Road raises $74m for Gruyere

April 26, 2016

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ASX-listed Gold Road Resources on Wednesday announced plans to raise A$74-million through a share placement and accelerated entitlement offer to fund the development of its Gruyere project, in Western Australia.

The company would place an initial 98-million shares, priced at 44c each, to sophisticated and institutional investors to raise some A$43-million.

Category: General