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Xanadu cashes in on strong interest

Emerging gold and copper explorer Xanadu Mines (AU:XAM) has raised A$15 million (US$11.7 million) with ease to fund its Mongolian projects.

Xanadu cashes in on strong interest Xanadu cashes in on strong interest Xanadu cashes in on strong interest Xanadu cashes in on strong interest Xanadu cashes in on strong interest

There has been strong interest out of North America for Xanadu's Mongolian projects

It is claimed the company was only seeking about $10 million, but upped the number to $15 million on account of the strong interest out of North America.