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Provider: S&P Capital IQ Factual Report
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Provider: GlobalData
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Provider: GlobalData
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Carrick Gold Ltd Issues New Ordinary Shares


Wednesday, 17 Oct 2012 06:32pm EDT 

Carrick Gold Ltd announced that it has issued 28,135,000 ordinary shares at an issue price of AUD 0.26 per share pursuant to a non-renounceable entitlement offer (Rights Issue). The proceeds from the Rights Issue will be used to bring the Company's first two open pits into production and supply ore to Saracen Mineral Holdings Limited under the Ore Supply Agreement announced on August 27, 2012. Monies will also be used to accelerate exploration at the Company's four project areas in the KalNorth Gold Field and for the first of three deferred payments on the Mt Jewell acquisition, which is due in March 2013. 

Latest Developments for Kalnorth Gold Mines Ltd

Company Quote

0.1
0.01 +11.11%
18 Jun 2013