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The latest announcement is out from Pacgold Limited ( (AU:PGO) ).
Pacgold Limited has issued 71,858,644 fully paid ordinary shares at $0.06 each to institutional and sophisticated investors as part of a placement announced in May 2025. This move, conducted without disclosure under specific sections of the Corporations Act, aims to bolster the company’s financial position and support its ongoing exploration efforts in the gold-rich Northeast Queensland Mineral Province.
More about Pacgold Limited
Pacgold Limited is an ASX-listed minerals exploration company focused on the Alice River Gold Project in the Northeast Queensland Mineral Province. This region is known for its gold-rich deposits, and Pacgold’s project encompasses 30km of prospective gold targets within 377 square kilometers of exploration permits and mining leases.
Average Trading Volume: 287,156
Technical Sentiment Signal: Sell
Current Market Cap: A$9.88M
For an in-depth examination of PGO stock, go to TipRanks’ Overview page.