SolGold launches equity raise

SOLGOLD is seeking to raise up to US$29 million to fund its ongoing work in Ecuador.

SolGold launches equity raise SolGold launches equity raise SolGold launches equity raise SolGold launches equity raise SolGold launches equity raise

The core shed at Alpala

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.