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Dome Gold Mines Ltd. ( (AU:DME) ) has shared an announcement.
Dome Gold Mines Ltd has announced a Share Purchase Plan (SPP) aiming to raise up to $5 million to fund the completion of prerequisites for obtaining a mining license for the Sigatoka Sands Project. The funds will also support the commencement of mining operations and transaction costs, with any excess directed towards accelerating production ramp-up and advancing other Fijian assets. This move marks a significant step in Dome’s development, positioning the company to deliver substantial shareholder value.
More about Dome Gold Mines Ltd.
Dome Gold Mines Ltd is a mining company focused on developing its Fijian assets, particularly the Sigatoka Sands Project. The company is transitioning into a revenue-generating phase with plans to commence full production and unlock the potential of its high-quality mineral resources.
Average Trading Volume: 407
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$66.66M
Find detailed analytics on DME stock on TipRanks’ Stock Analysis page.