IN BRIEF: Lexington Gold raises GBP2.5 million to "unlock value"
Lexington Gold Ltd - gold explorer with projects in North and South Carolina - Raises GBP2.5 million from existing and new investors through the issue of 41.9 million shares. The proceeds will be used to "unlock value" from its proposed conditional acquisition of a 76% interest in White Rivers Exploration Proprietary Ltd, an exploration and development company with gold assets in South Africa. Company will use net proceeds to undertake detailed geological analysis, establish requisite work, preparation work on comprehensive independent report. Read More