- Aurelia Metals (AMI) has raised $93 million via a placement and a one-for-4.2 institutional entitlement offer
- Of the $93 million, $41 million will raised through the placement, while the remaining $52 million will raised through the institutional entitlement offer
- Aurelia has also announced a retail entitlement offer to raise a further $37 million
- Aurelia will use the money from the placement and institutional and retail entitlement offers to fund the acquisition of the Dargues Gold Mine in NSW
- The Dargues Mine complements Aurelia’s existing Hera and Peak mines and will bring the company in line with mid-tier gold companies
- Aurelia is down 9.37 percent on the market, with shares trading for 44.5 cents each
