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Golden Rim seeking cash for Guinea gold venture

REBOOTING Golden Rim Resources is trying to raise A$8.3 million for its gold venture in Guinea, with commitments for $2.4 million received and a $5.9 million non-renounceable rights issue initiated.

Michael Quinn
Golden Rim seeking cash for Guinea gold venture

Pricing is at 3c per new share, a 9-15% discount to recent trading levels. Argonaut and Canaccord Genuity are involved. Golden Rim is focused on its Kada oxide gold exploration project in Guinea...

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