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Golden Horse Raises A$35M to Unlock Southern Cross Gold Potential
9:47am on Friday 31st of October, 2025 AEDT
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Mining
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Golden Horse Raises A$35M to Unlock Southern Cross Gold Potential
9:47am on Friday 31st of October, 2025 AEDT
Key Points
A$35 million placement backed by domestic and international institutional investors
Major shareholder Emerald Resources NL and company directors participating subject to shareholder approval
Funds earmarked for expanded drilling, mining studies, metallurgical testing, and resource modelling
Placement priced at A$0.66 per share, representing a discount to recent trading prices
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Golden Horse Minerals (ASX:GHM)
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