The company announced a placement to new and existing institutional investors to raise up to £16 million.
The issue price is 21.5p, a discount to its Thursday closing price of 24p.
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SolGold is seeking to raise up to US$29 million to fund its ongoing work in Ecuador.
The company announced a placement to new and existing institutional investors to raise up to £16 million.
The issue price is 21.5p, a discount to its Thursday closing price of 24p.
But bidders must persuade the head of SolGold and DRG Global in Australia they have what it takes