Friday, November 22, 2024
3.8 C
New York

Siren Gold: Raises $2.6m for Reefton and Sams Creek, NZ

Siren Gold Raises $2.6m for Reefton and Sams Creek, NZ

  • Siren Gold (SNG) is raising $2.6 million through a share placement to further explore the Reefton and Sams Creek goldfields in New Zealand
  • The company plans to issue 17.3 million shares to investors at 15 cents per share
  • Siren directors have committed to investing a further $180,000 into the business on top of the placement, subject to shareholder approval
  • The money raised will go towards drilling and field activities at Siren’s Big River, Lyell, Auld Creek and Sams Creek projects
  • Siren says it will use the money to keep growing its global resource base, which recently hit just under one million ounces of gold
  • SNG shares are down 5.71 per cent to trade at 16.5 cents at 3:07 pm AEDT

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...

Related Articles

Popular Categories

spot_imgspot_img