Lexington raises £530 000 to progress project activities
Aim-listed Lexington Gold, with projects in South Africa and the US, has raised, in aggregate, gross proceeds of £530 000 through the issue of 15.6-million new common shares to new and existing shareholders. The net proceeds of the fundraise are intended to be used by the company to support ongoing exploration activities and permitting across its South African and US projects, as well as for general working capital.
Aim-listed Lexington Gold, with projects in South Africa and the US, has raised, in aggregate, gross proceeds of £530 000 through the issue of 15.6-million new common shares to new and existing shareholders. The net proceeds of the fundraise are intended to be used by the company to support ongoing exploration activities and permitting across its South African and US projects, as well as for general working capital.
