CAPITAL MARKETS

Middlemas' Odyssey finds good backing for high-grade gold play

RESTRUCTURED Odyssey Gold is recapitalising with a A$15 million placement and share purchase plan to fund exploration on its Tuckanarra and Stakewell tenure in Western Australia's Murchison-Cue region.

 Lateral and downdip high grade gold targets are Odyssey's raison d'etre in WA

Lateral and downdip high grade gold targets are Odyssey's raison d'etre in WA

The new funding is being raised at 12.5c per share, with undisclosed investors committing to $10 million of the total $15 million raising. Odyssey shares started the month at levels around 7c with visible...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.