• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Australia Market
    Australia News
    Australia Stocks
    • Australia Market
    • Australia News
    • Australia Stocks
    gold investing

    Emerald Resources Raises AU$75 Million for the Okvau Gold Project

    Nicole Rashotte
    Jan. 27, 2020 03:00PM PST
    Australia Investing

    Emerald Resources (ASX:EMR) announced that it completed a successful placement to raise AU$75 million for its Okvau gold project.

    Emerald Resources (ASX:EMR) announced that it completed a successful placement to raise AU$75 million for its Okvau gold project.

    Highlights are as follows:

    • Successful share placement of AU$75 million to be completed in two tranches.
    • Development activities to advance at the Okvau gold project.
    • Strong support from existing and new global institutional shareholders.
    • Advancing development activities at the Okvau project.
    • Regional exploration programme on Emerald’s 1,442 square kilometers Cambodian exploration footprint.
    • Ongoing working capital requirements and costs of the placement.

    Morgan Hart, managing director, commented:

    We are delighted with the response from investors to this milestone moment for the company. We have strengthened our register with globally recognised institutional shareholders with demand to participate
    in the placement well in excess of the shares available. The support demonstrates the robust nature of the Okvau gold project and the support for the company’s strategy of becoming the first modern large-scale Cambodian gold producer.

    Click here to read the whole Emerald Resources (ASX:EMR) press release.

    emerald resourcesaustraliaokvauasx:emrgold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Metal letterpress sign that says Top 50.

    6 Mining Companies Make Top 20 on 2025 OTCQX Best 50 List

    AuKing Mining (ASX:AKN)

    AuKing Mining

    Latest News

    Altech Batteries Ltd $6M Placement to Advance Battery Projects

    Altech - $6M Placement to Advance Battery Projects

    Joint Investor Presentation

    IsoEnergy to Acquire Toro Energy

    IsoEnergy to Acquire Toro Energy, Strengthening a Top-Tier Uranium Portfolio in a Rising Market

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Australia Investing Stocks

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC

    Mount Hope Mining

    MHM:AU

    Walker Lane Resources

    WLR:CC

    Rua Gold

    RUA:CC

    Golconda Gold

    GG:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES