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Prodigy Gold Strengthens Financial Position with Successful Share Placement

Story Highlights
  • Prodigy Gold completed a share placement with Plutus Prospecting, raising $783,503.
  • The funds will support exploration and development, boosting Prodigy Gold’s strategic position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prodigy Gold Strengthens Financial Position with Successful Share Placement

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Prodigy Gold NL ( (AU:PRX) ) just unveiled an update.

Prodigy Gold NL has successfully completed a placement of shares to Plutus Prospecting Pty Ltd, raising approximately $783,503, which increases Plutus’ voting power in the company. This, along with funds from a recent entitlement offer, provides Prodigy Gold with significant capital for exploration and project development, enhancing its strategic positioning in the gold exploration industry.

More about Prodigy Gold NL

Prodigy Gold NL is engaged in greenfields and brownfields exploration within the Tanami Gold Province, focusing on projects like the Tanami North and Tanami West. The company aims to advance its mineral resources and explore mining options, while also supporting joint venture partners.

Current Market Cap: A$15.88M

For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.

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