on Barton Gold Holdings Limited (ASX:BGD)
Barton Gold Strengthens Financial Position with Share Purchase Plan
Barton Gold Holdings Limited has announced the results of its recently concluded Share Purchase Plan (SPP), adding to its financial resources with an estimated $20 million in cash. This follows raising $660,000 through the SPP, complementing a previous $15 million institutional placement. The SPP, priced at $1.25 per share, accepted applications amounting to 528,000 new shares.
The SPP was offered at a premium to the market price, demonstrating investor confidence. The funds will aid Barton Gold as it advances its Central Gawler Mill towards production and continues development at the Tunkillia Gold Project.
Barton Gold's Managing Director, Alexander Scanlon, expressed gratitude for the investor support, highlighting the company's strategic positioning for future growth. The shares are set to commence trading on November 13, 2025.
R. H.
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