
July 14, 2024
Aurum Resources Limited (ACN 650 477 286) (ASX:AUE) (the, Company) announces that it has raised $744,100.00 (before costs) pursuant to the Company’s Share Purchase Plan (SPP) that closed on 10 July 2024.
The SPP offered eligible shareholders registered on the Record Date the opportunity to subscribe for new fully paid ordinary shares up to a maximum value of $30,000 per eligible shareholder on the same terms as the Placement to sophisticated investors conducted by the Company in June 2024 (New Shares).
The Company will issue 2,254,837 New Shares at an issue price of $0.33 per share. The New Shares will be issued as per the timetable of the SPP.
The Company maintains the flexibility to place any Shortfall under the SPP Offer within 3 months of the closing date.
The funds raised under the Placement and the Plan will be used to accelerate exploration activities at the Company’s Boundiali Gold Project in Côte d’Ivoire as it targets delineation of an inaugural JORC mineral resource late in CY2024, including for diamond drilling, surveys and other test work, and building a centralised exploration camp at the Boundiali Gold Project site.
The Company would like to thank shareholders for their continued support.
Click here for the full ASX Release
This article includes content from Aurum Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

Sign up to get your FREE
Aurum Resources Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
The Conversation (0)
04 September 2025
Aurum Resources
Game-changing gold discovery and rapid resource growth in Côte d’Ivoire, West Africa
Game-changing gold discovery and rapid resource growth in Côte d’Ivoire, West Africa Keep Reading...
5h
Luca Mining to Acquire Agnico’s El Barqueño Project in Mexico
Luca Mining (TSXV: LUCA,OTCQX:LUCMF) has agreed to acquire the El Barqueño gold-silver-copper project in Mexico from Agnico Eagle Mines (TSX:AEM,NYSE:AEM) for an initial US$10 million in stock and up to US$50 million in deferred milestone payments.Under the definitive asset purchase agreement,... Keep Reading...
19h
iMetal Resources Appoints Morgan Verge, P.Geo., to Lead Exploration
New technical leadership follows the Company's $3.0 million private placement and board and management additions as iMetal advances Gowganda WestiMetal Resources Inc. (TSXV: IMR,OTC:IMRFF) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") is pleased to announce that Morgan Verge, P.Geo.,... Keep Reading...
16 September
Gold Price Drops Below US$4,300 as Fed Hikes Rates
The US Federal Reserve made its latest interest rate decision on Wednesday (September 16), opting to increase the target range to 3.75 to 4 percent in its first hike in more than three years. In a statement, Fed Chair Kevin Warsh said that while the job market remains robust and economic... Keep Reading...
16 September
Jim Thorne: Gold Game Has Changed, Here's the New Roadmap
Jim Thorne, chief market strategist at Wellington-Altus, is cautioning investors that many economic ideas that worked in the past no longer apply in today's world. "I think gold is good, silver is good. And again, I think digital assets, or crypto, are ... a digital way to to manifest the same... Keep Reading...
Latest News

Sign up to get your FREE
Aurum Resources Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






