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AuKing Mining Secures $300K from Gage Capital in Strategic Share Placement

5:32pm on Sunday 1st of June, 2025 AEST Mining
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AuKing Mining Secures $300K from Gage Capital in Strategic Share Placement

5:32pm on Sunday 1st of June, 2025 AEST
Key Points
  • Gage Capital subscribes to 60 million new AuKing shares at A$0.005 each
  • Placement raises $300,000 for AuKing's working capital
  • Gage Capital acquires two non-core prospecting licences in Tanzania for A$300,000
  • Share placement represents approximately 10% of AuKing's issued shares
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