Highlights
Spartan Managing Director and Chief Executive Officer, Simon Lawson, said:
“The outstanding response to this capital raise from leading domestic and international resource investors reflects the quality of the high-grade discoveries we have made at Dalgaranga over the past 18 months, the strength of the team we have put together, and the exciting growth pathway ahead of us.
“We are pleased to welcome a number of new institutional shareholders to the register as part of this capital raise and I would like to take this opportunity also to thank existing shareholders for their support.
“We also acknowledge the support of NRW Holdings through the Company’s restructure and recapitalisation.
“This raising puts Spartan in an exceptional position to deliver on the huge potential of the Never Never discovery and our other recent exploration successes at Dalgaranga, with a very strong balance sheet to unlock the full value of what we have already discovered and take this company to the next level as a mid-tier gold developer and ultimately producer.”
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