Brief: Tombola Gold Receives Firm Commitments To Raise A$10.5M At An Issue Price Of A$0.06 Per Share
May 10 (Reuters) - Tombola Gold:
* RECEIVES FIRM COMMITMENTS TO RAISE A$10.5M AT AN ISSUE
PRICE OF
A$0.06 PER SHARE
* BALANCE OF PROCEEDS WILL BE USED TO PROGRESS COPPER,
COBALT &
GOLD EXPLORATION ACTIVITIES IN CLONCURRY, AMONG OTHERS
* FULLY FINANCED INTO INITIAL GOLD PRODUCTION FROM FLAGSHIP
MT
FREDA GOLD MINE IN Q3, CY2022
Source text for Eikon: ID:nASX38LN7h
Further company coverage: TBA.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Tombola Gold
See all newsBrief: Tombola Gold Annnounces Appointment Of Voluntary Administrators
Brief: Tombola Gold Says Original Asset Sale Deal With True North Copper Terminated
Brief: Tombola Gold Expects To Re-Commence Trading On ASX Next Week
Brief: Tombola Gold Ltd Seeks Trading Halt
Australia's Tombola Gold drops to 3-wk low on capital raise