
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 exploration at prolific Côte d’Ivoire, West Africa.
Game-changing gold exploration at prolific Côte d’Ivoire, West Africa. Keep Reading...
31 December 2025
Utah’s Antimony Resource: A Strategic Investment Play in Critical Minerals
Utah may be best known for its copper and gold legacy, but hidden beneath its rugged terrain lies one of the most overlooked critical mineral opportunities in the US: antimony. With global supply heavily concentrated in China and export restrictions tightening, Utah’s underexplored antimony... Keep Reading...
30 December 2025
Hidden Gem: How Intrusion-related Gold Deposits Could Fuel Next-generation Discoveries
With the gold price continuing to hover near all-time highs and major producers scouring the globe for new large-scale deposits, one type of gold system is emerging as a potential game changer. Intrusion-related gold systems (IRGS) have already yielded multimillion-ounce mines, like Kinross... Keep Reading...
30 December 2025
Finding Gold: Exploring New Zealand’s Next Big Discovery
Despite its rich mining legacy, New Zealand remains one of the most underexplored frontiers for gold in the developed world. Now, with advanced exploration tools and a new generation of explorers, the country is emerging as a hotbed of untapped investment opportunity.Modern exploration... 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
Westport Announces Board of Directors Update
02 January
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






