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Ausgold Raises $10M in Oversubscribed Share Purchase Plan for Katanning Project

8:37am on Friday 19th of December, 2025 AEDT Mining
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Ausgold Raises $10M in Oversubscribed Share Purchase Plan for Katanning Project

8:37am on Friday 19th of December, 2025 AEDT
Key Points
  • Share Purchase Plan oversubscribed with $15.3 million in applications
  • Scale-back applied, issuing 12.5 million new shares on 23 December
  • Total funds raised including Placement reach $90 million before costs
  • Capital earmarked for Katanning Gold Project development and working capital
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