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Auric Mining Secures $6.66M to Accelerate Gold Production and Expand Assets
10:26am on Friday 23rd of May, 2025 AEST
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Mining
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Auric Mining Secures $6.66M to Accelerate Gold Production and Expand Assets
10:26am on Friday 23rd of May, 2025 AEST
Key Points
Placement of 37 million shares at $0.18 each raising $6.66 million
Funds to complete acquisition of Burbanks Gold Facility and Lindsay’s Project
Strong backing from existing shareholders and three new mining funds
Plans to accelerate gold production starting early 2026
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Auric Mining (ASX:AWJ)
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