Golden Rim Resources (ASX:GMR) begins diamond drilling at Kada themarketherald.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themarketherald.com.au Daily Mail and Mail on Sunday newspapers.
Golden Rim Resources (ASX:GMR) climbs 10pc on $5M financing
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Golden Rim Resources (GMR) has seen a healthy bump to its share price today, after the company completed a $5 million placement
The company issued just over 555.5 million fully paid ordinary shares at a price of 0.9 cents each
The proceeds will be used to progress exploration activities at the Kada Project in Guinea and the Kouri Project in Burkina Faso
Drilling has been designed to help estimate a maiden resource at Kada and upgrade the resource at Kouri and is expected to begin in the first quarter of this year