Our daily board moves wrap includes Alex Doering, William Hu, Gang Xu, Henko Vos, Henry Kinstlinger, Dougal Ferguson, Sarah Wilson, Shannon Coates, Marc Steffens, Hayden Buswell, and Geoff Chapman.
Junior gold miners Dynasty Resources and Orinoco Gold have announced plans to raise a combined $2.6 million to fund ongoing work at their respective projects.
Perth-based gold and base metals miners Metallum and Paradigm Metals have announced plans to raise a combined $3.7 million to fund ongoing work at their respective tenements, while Dynasty Resources announced its intention to raise $2.2 million but then later withdrew its proposal.
The board of Dynasty Metals has accepted an offer from Chinese steel producer, Hebei XingHua Iron and Steel, to take a 34 per cent stake in the company.
Nedlands-based gold explorer Reward Minerals Ltd and fellow Nedlands company Dynasty Metals Australia Ltd will both raise money through placements, the companies announced today.
Dynasty Metals Australia Ltd listed on the ASX today (ASX: DMA) following a $2.7 million Initial Public Offer through the issue of 13.5 million shares at 20 cents each.
