Many Peaks Gold Raises A$5.2M for Côte d’Ivoire Projects

Many Peaks Gold Ltd. (AU:MPK) has released an update.

Many Peaks Minerals Limited has successfully completed a private placement, raising A$5.2 million to expedite exploration activities at their Odienne and Ferke Gold Projects in Côte d’Ivoire. The placement attracted high-net-worth and institutional investors, with the issue of new shares priced at A$0.22 each. The funds will support the company’s exploration efforts in Côte d’Ivoire, as well as general corporate expenses.

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