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Haranga Resources Limited ( (AU:HAR) ) has issued an announcement.
Haranga Resources Limited has successfully raised $14 million through an oversubscribed placement, driven by favorable macroeconomic conditions and strong demand for gold. The funds will accelerate the development of the company’s high-grade gold assets, particularly the Lincoln Gold Project in California and the Ibel South Gold Project in Senegal. This financial boost is expected to facilitate further drilling, resource estimation, and potential new discoveries, enhancing Haranga’s strategic position in the gold mining sector.
More about Haranga Resources Limited
Haranga Resources Limited is a company operating in the gold mining industry, focusing on the exploration and development of high-grade gold projects. Its primary assets include the Lincoln Gold Project in California and the Ibel South Gold Project in Senegal, with a strategic emphasis on advancing these projects to production readiness.
Average Trading Volume: 2,499,434
Technical Sentiment Signal: Buy
Current Market Cap: A$50.7M
Find detailed analytics on HAR stock on TipRanks’ Stock Analysis page.