Sydney - Monday - December 17: (RWE Australian Business News) - Emerging gold producer Adamus Resources (ASX:ADU) has raised further funding for exploration and development at the Southern Ashanti Gold Project in Ghana, West Africa. The funds have been raised through the private placement of 5 million shares to institutional and sophisticated investors at a price of 69c per share. The placement is subject to regulatory approval, including approval of the TSX Venture Exchange.
ADU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
