CAPITAL MARKETS

Metal Tiger backs South Korea gold explorer

UK-based Metal Tiger is to cornerstone a A$10 million (US$6.7 million) fundraising by Southern Gold, with well-known geologists Terry Grammer and Doug Kirwan to join the board.

Staff reporter
 Increased diamond core drilling to be undertaken this year by Southern Gold in South Korea

Increased diamond core drilling to be undertaken this year by Southern Gold in South Korea

The fundraising is pricing new shares at A14c each and involves AIM-listed investment group Metal Tiger putting in $3.33 million for a 14.9% interest in Southern Gold. The funds are to be used to increase...

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