Amani weighing legal options, hunts for new funding

ASX-listed junior Amani Gold on Thursday announced that it was considering legal action against Hong Kong based investment firm Neo Gold, after that company failed to make a A$3-million investment.

Amani in January this year announced that it had received a commitment for Neo Gold for the placement of one-billion fully paid ordinary shares, at the price of 0.3c each, to raise A$3-million.