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MacBank, Dundee back Gryphon

MACQUARIE Bank and Dundee Precious Metals have agreed to back junior gold explorer Gryphon Minerals, which is raising $A3.5 million for ongoing exploration at its Banfora gold project in Burkina Faso.

Ben Sharples
MacBank, Dundee back Gryphon

Gryphon is placing 14 million shares at 25c with a number of investor groups, including Macquarie and Dundee, to raise the equity. This is not the first foray for Canadian-based Dundee into the Australian...

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