PROJECT FINANCE

Cashed-up Exore raises more

BOUYED by significant drilling results within its Cote d’Ivoire gold projects, Exore Resources has raised A$10 million via a heavily oversubscribed placement to fund an acceleration of work at its Veronique and Antoinette discoveries after just a year in the hunt for the yellow metal.

Exore has had an exceptional start as a gold explorer.

Exore has had an exceptional start as a gold explorer.

The company said the placement was strongly supported by Australian and overseas institutional investors. The junior already had $10 million in cash, and raised the new capital at 8.5c, was at a...

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