IronRidge raises £4.75m to advance projects

Aim-listed IronRidge Resources has conditionally raised £4.75-million before expenses through the placing of, and subscription for, new ordinary shares in the company. The funds will be used towards an accelerated drilling programme at the Zaranou gold project, in Côte d’Ivoire, targeting a maiden mineral resource estimate, and advancing its remaining suite of gold assets in Côte d’Ivoire and Chad, as well as its lithium projects in Ghana.