Latest Ardiden (Asx:Adv) News

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

Ardiden Limited has announced the recommencement of exploration at its Pickle Lake Gold Project in Ontario, targeting untested high-potential zones within the South Limb prospect. The winter program aims to leverage modern survey techniques to prioritize drill targets and advance the company’s resource base.

Ardiden Limited advances exploration at its Pickle Lake Gold Project in Northwest Ontario, focusing on high-potential prospects while maintaining a robust financial position with A$11.4 million in cash and no debt.

Ardiden Limited reported limited exploration activities during the March 2025 quarter at its Pickle Lake Gold Project, prioritizing the Eastern Hub for near-term opportunities while maintaining a strong cash position and no debt.

Ardiden Limited reports a robust cash balance of A$11.76 million and highlights strategic exploration focus on its Pickle Lake Gold Project, targeting promising gold and copper opportunities in Ontario.