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Mining & Resources
Alto Metals raises $5m to advance exploration at Sandstone gold project
Junior explorer Alto Metals (ASX: AME) has secured firm commitments for a $5 million capital raising to advance exploration at its wholly-owned Sandstone gold project in Western Australia. The funds will be raised via the placement of 96.2 million new and fully-paid ordinary shares at $0.052 each and will help drive further resource growth and […]
Mining & Resources
EganStreet Resources and Lion Selection Group welcome Silver Lake’s takeover bid
As merger and acquisition activity heats up in the gold space, Silver Lake Resources (ASX: SLR) is the latest gold miner to make a bid, revealing this morning it had made a $52 million takeover play for EganStreet Resources (ASX: EGA). EganStreet and its largest shareholder Lion Selection Group (ASX: LSX) have welcomed the offer […]
