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SolGold wins $33m investment

AIM-listed SolGold will receive another shot in the arm from investors through a US$33 million share issue to finance firm Maxit Capital and major gold company Newcrest Mining.

Chris Cann
SolGold is funded for work at Cascabel for more than a year thanks to the latest financing

SolGold is funded for work at Cascabel for more than a year thanks to the latest financing

The shares will be issued at $0.16, with Maxit to take just over 63 million units for $10.14 million and a 4.43% post-deal holding in SolGold; while Newcrest will subscribe for almost 143 million units...

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