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Turaco locks in funding to consolidate Afema gold project
10:02am on Thursday 29th of October, 2026 AEDT
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Mining
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Turaco locks in funding to consolidate Afema gold project
10:02am on Thursday 29th of October, 2026 AEDT
Key Points
A$120 million institutional placement at A$0.60 a share
Share purchase plan aims to raise a further A$10 million
Proposed acquisition values Afema’s remaining 20% at US$79 million
Afema hosts a 4.65Moz resource and 1.91Moz probable reserve
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Turaco Gold (ASX:TCG)
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