Kaiser puts out helmet for gold funding

WITH the planned gold venture in Victoria currently being more challenging than expected, Kaiser Reef is raising a total of A$5.1 million for mine development and exploration initiatives.

Kaiser puts out helmet for gold funding Kaiser puts out helmet for gold funding Kaiser puts out helmet for gold funding Kaiser puts out helmet for gold funding Kaiser puts out helmet for gold funding

Production from the Queens Lode is the light at the end of the tunnel for Kaiser in Victoria

New shares are being issued at 20c in a $2 million placement and $3.1 million fully underwritten non-renounceable rights issue.

Westar Capital is doing the underwriting.

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