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Sprott invests in Amarillo

Mining investment identity Eric Sprott has taken a stake in Brazil-focused explorer Amarillo Gold in an upsized placement, as the junior aims to have its Mara Rosa gold project “shovel-ready” in 2020.

Staff reporter
Amarillo will use the funds to advance its gold project in Brazil

Amarillo will use the funds to advance its gold project in Brazil

The private placement announced earlier this month was originally designed to raise C$5 million (US$3.8 million) at 20c per unit, with Sprott's company making the lead order for $5 million. Hours later,...

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