Azimuth Resources has raised $6 million to continue exploration works at its gold projects in Guyana.
The Perth-based miner announced a placement to institutional investors today, priced at 35 cents per share, lead managed by Blackswan Equities.
Azimuth said the proceeds would go towards resource expansion and prospect drilling at the West Omai gold project in Guyana.
The company’s stocks were steady on the ASX today, at 35 cents.
