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Sprott continues Pilbara support

Kairos Minerals (AU:KAI) has received A$5 million (US$3.8 million) of its A$7 million raising from Canadian investment firm Sprott (CN:SII). The latter is starting to make a habit of investing in the Pilbara region of Western Australia, where it believes there is the potential for major conglomerate gold deposits.

Sprott continues Pilbara support Sprott continues Pilbara support Sprott continues Pilbara support Sprott continues Pilbara support Sprott continues Pilbara support

Kairos plans to follow-up drilling at Roe Hills

 

The deal represents a great bit of business by Kairos, with the 5.5c pricing of the new shares up nearly 300% on the 1.9c that shares were issued at just over a ...