Adamus to raise $13m to fund feasibility and exploration

West Perth-based gold explorer Adamus Resources Ltd will raise approximately $13 million to fund it's current Feasibility Study and to accelerate exploration drilling at its Southern Ashanti Gold Project in Ghana.
The funds will be raised through the issue of up to 20 million ordinary shares at a price of $0.65 per share to institutional and sophisticated clients of Euroz Securities Ltd and selected other institutional investors.


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