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WA gold miner seeks US$40M for growth plan

Days after setting a January 2021 deadline for its maiden gold pour, Ora Banda Mining is seeking A$55 million (US$38 million) to ensure its plan to restart operations at Davyhurst, in Western Australia’s Eastern Goldfields, is fully funded.

Haydn Black
Davyhurst in Western Australia should be humming soon

Davyhurst in Western Australia should be humming soon

The raising comes in the form of a A$40 million institutional placement and an accelerated $15 million entitlement offer, both priced at 23c per share, a 9.8% discount to the previous trading level. ...

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