Amani to raise $2.5m for DRC gold project

ASX-listed Amani Gold has received commitments to raise up to $2.5-million through the issue of up to 833-million fully paid ordinary shares at an issue price of $0.003 a share. Completion of the placement and issue of the placement shares will be subject to shareholder approval at a general meeting of shareholders that is likely to be held by early October. Subject to shareholder approval, funds raised under the placement will be used to advance the Giro gold project, in the Democratic …