CAPITAL MARKETS

Ardiden tops up treasury with oversubscribed placement

ARDIDEN says it is now well-placed to undertake winter drilling at its flagship Pickle Lake gold project in Canada having just closed an oversubscribed placement, backed by some global resource specialist funds.

Ardiden has been given the thumbs up by investors

Ardiden has been given the thumbs up by investors

The explorer, which had A$2.76 million at the end of 2021, has topped that up with $6.5 million, with the issue 500 million new shares priced at 1.3c each, a 20% discount to recent trading levels.  ...

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