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Ausgold Raises A$80m to Fast-Track Katanning Gold Project Development

9:29am on Wednesday 19th of November, 2025 AEDT Mining
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Ausgold Raises A$80m to Fast-Track Katanning Gold Project Development

9:29am on Wednesday 19th of November, 2025 AEDT
Key Points
  • Fully underwritten placement of 100 million shares at A$0.80 each
  • Funds allocated to construction, land acquisition, exploration, and working capital
  • Second tranche of A$30 million subject to shareholder approval in January 2026
  • Additional A$10 million share purchase plan offered to eligible shareholders
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