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Hamelin Gold Secures $8 Million Placement to Boost WA Exploration
9:14am on Monday 17th of August, 2026 AEST
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Mining
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Hamelin Gold Secures $8 Million Placement to Boost WA Exploration
9:14am on Monday 17th of August, 2026 AEST
Key Points
Placement priced at $0.16 per share raising ~$8 million
Gold Fields and Vault Minerals increase stakes to 17.7% and 10.9%
Funds earmarked for exploration at Day Dawn, Venus, West Tanami, and Cue
Directors plan to subscribe for additional $321k pending shareholder approval
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Hamelin Gold (ASX:HMG)
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