$13 Million Placement following White Dam North Discovery

Summary by 6ix AI

Pacgold Limited has announced a placement to raise funds following a significant discovery at White Dam North, which includes high-grade gold and copper. Funds will be allocated to ongoing drilling and expansion efforts at the White Dam Gold Project, enhancing its production capabilities. The placement will occur in two tranches, with a portion of shares to be issued to directors pending shareholder approval.

Written by 6ix AI from the company’s filing. How 6ix writes summaries