SolGold raises on strong outlook

SOLGOLD has completed a heavily oversubscribed placement to raise US$73.8 million.

SolGold raises on strong outlook SolGold raises on strong outlook SolGold raises on strong outlook SolGold raises on strong outlook SolGold raises on strong outlook

SolGold's Alpala camp in Ecuador

The company announced plans on Tuesday to raise $50 million and the offer attracted strong support.

An institutional placement raised $73.8 million, while a retail offer raised a further $600,000.