Streetbeat News

DGMLF

De Grey Mining

http://www.degreymining.com.au/

Industry

Gold Ore Mining

Open

0.90

Mkt cap

2.2B

Volume

62K

High

0.91

P/E Ratio

-90.80

52-wk high

0.99

Low

0.90

Div yield

N/A

52-wk low

0.67

De Grey Mining (OTCPK: DGMLF) plans to raise $395 million to finance its Hemi Gold Project in Western Australia, aiming for first gold production in H2 2026. The raise includes issuing 545.5 million shares through institutional placement and entitlement offer, with the project expected to produce 530,000 ounces annually over its first decade.

Portfolio Pulse from Stjepan Kalinic

May 08, 2024 | 2:40 pm

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