Rua Gold (TSX-V:RUA) has closed its brokered best effort public offering and private placement, raising C$13.8 million ($15.45 million), to fund exploration across its New Zealand projects. As part of the capital raise, 19.71 million shares were issued at $0.70 per share. Cormak Securities, Red Cloud Securities, and Beacon Securities were all co-lead agents to […]
Siren Gold (ASX:SNG) has altered resignation plans for CEO and Managing Director Victor Rajasooriar to step down earlier than expected. Rajasooriar will vacate his position today (2 May) instead of the originally flagged 30 June end date. Both parties have agreed that the company will pay Rajasooriar in lieu of notice for the period until […]
Siren Gold (ASX:SNG) has committed to drilling the second diamond drillhole at Sams Creek Project to target deeper mineralisation. The first drillhole (SCDDH108) reported an intersection of 23m from 487m to 510m of the Sams Creek Dyke (SCD), confirming that the dyke is dipping towards the northwest. The SCD contains gold bearing arsenopyrite veins forming […]