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Dreadnought Raises $4.1M to Kickstart Mangaroon Gold Production in 2025
5:33pm on Sunday 1st of June, 2025 AEST
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Mining
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Dreadnought Raises $4.1M to Kickstart Mangaroon Gold Production in 2025
5:33pm on Sunday 1st of June, 2025 AEST
Key Points
Raised $3.1 million via placement at $0.01 per share with director participation
Secured $1 million subscription agreement with Black Cat Syndicate for development rights
Star of Mangaroon resource targets ~20,000 ounces at 10 g/t gold with robust financials
Drilling to commence March/April 2025 focusing on resource expansion and new targets
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