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Aurum puts A$52.5m behind early Boundiali development
9:27am on Wednesday 23rd of September, 2026 AEST
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Mining
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Aurum puts A$52.5m behind early Boundiali development
9:27am on Wednesday 23rd of September, 2026 AEST
Key Points
A$52.5 million institutional placement at A$0.55 a share
Strategic investors subscribe for A$32.3 million and will hold about 25% collectively
Funds allocated to plant procurement, site access, land, drilling and working capital
Cash expected to reach approximately A$95 million after completion
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Aurum Resources (ASX:AUE)
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