By Devika Patel
Knoxville, Tenn., Sept. 23 - Adamus Resources Ltd. said it took in A$2.04 million in a private placement of shares.
The company sold 6.8 million shares at A$0.30 each.
Proceeds will be used for exploration and development at Adamus' Southern Ashanti Gold project in Ghana and general working capital.
Adamus is a mineral exploration company based in Perth, Australia.
Issuer: | Adamus Resources Ltd.
|
Issue: | Shares
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Amount: | A$2.04 million
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Shares: | 6.8 million
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Price: | A$0.30
|
Warrants: | No
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Settlement date: | Sept. 23
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Stock symbol: | Australia: ADU
|
Stock price: | A$0.32 at close Sept. 23
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