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Serabi raises US$15 million to fund goals

Serabi Gold (LN:SRB) has raised US$15 million and welcomed private equity vehicle Greenstone Resources to its register in its attempts to become a 100,000 ounce per annum gold producer within two years.

Staff reporter
The funds will be used, in part, to develop the newly-acquired Coringa gold project in Brazil

The funds will be used, in part, to develop the newly-acquired Coringa gold project in Brazil

Private equity group Greenstone Resources has subscribed for a 29.82% interest in the company, which includes 297.8 million new ordinary shares at a price of £0.036 (US$0.051) per share, a slight discount...

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