ASX-listed DGO Gold has raised A$10-million from a share placement to sophisticated and professional investors.
The junior on Wednesday noted that it placed 6.25-million shares, at a price of A$1.60 each in two tranches. The first tranche consisted of more than 1.6-million shares, and was placed under DGO’s existing placement capacity, while the second tranche of more than 4.6-million shares will be subject to shareholder approval.