ARV 5.88% 1.6¢ artemis resources limited

Novo Raises Money

  1. 85 Posts.
    lightbulb Created with Sketch. 14
    Novo just raised $56m by a placement of 14m shares at $4 to Kirkland Lake Gold Ltd with a attaching 1 for 1 warrant at $6 on 3 yr expiry. Just announced on their website.

    Another $84m if they exercise their warrants.


    They must be feeling confident about Purdy and getting working capital ready...

    Lots of money for drilling so we should expect great results...
 
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