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Dome Gold Mines Ltd. ( (AU:DME) ) has shared an announcement.
Dome Gold Mines Ltd announced a Convertible Note offering to raise up to AUD$7 million, targeting sophisticated investors. The funds will support key operations, including the completion of the Sigatoka Feasibility Study, submission of a mining lease application, and exploration activities at the Nadrau property. This strategic move comes at a critical time as the company seeks to capitalize on rising copper, gold, and silver prices, enhancing its exploration capabilities and strengthening its position in the mining sector.
More about Dome Gold Mines Ltd.
Dome Gold Mines Ltd is an Australian mining company listed on the ASX since October 2013. The company focuses on exploring and developing gold, copper, iron, and industrial sands in Fiji, holding three promising exploration tenements. Dome aims to become a significant player in Fiji’s mining industry through the discovery and development of mineral resources within its Fijian tenements.
Average Trading Volume: 16,951
Technical Sentiment Signal: Sell
Current Market Cap: A$48.19M
For a thorough assessment of DME stock, go to TipRanks’ Stock Analysis page.