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How AuKing’s $1.17M Placement Fuels Cloncurry Gold Project Ambitions
2:23am on Saturday 30th of August, 2025 AEST
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Mining
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How AuKing’s $1.17M Placement Fuels Cloncurry Gold Project Ambitions
2:23am on Saturday 30th of August, 2025 AEST
Key Points
Two-tranche placement raising a total of A$1.17 million
Directors contributed approximately $140,000 following shareholder approval
Placement shares issued at $0.006 each, totaling 196.2 million shares
Funds allocated to reduce short-term loan, support Cloncurry acquisition, and working capital
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