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Emmerson Resources completes $1 million second tranche placement, expands gold royalty funding

Emmerson Resources Limited (ASX:ERM) managing director Rob Bills updates Proactive Investors on the company's $1 million share placement with joint venture partner Territory Resources at 10.35 cents a share.
 
The placement finalises conditions of the companies' exploration earn-in joint venture and the small mines joint venture agreements. 
 
Bills also notes the addition of further gold royalty payment funding, to further exploration success at Mauritania.

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Price: 0.11 AUD

ASX:ERM
Market: ASX
Market Cap: $46.73 m
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Full interview: Emmerson Resources ready for 'the next leg up ...'

Emmerson Resources Ltd (ASX:ERM) managing director and chief executive officer Rob Bills updates Proactive on highlights from this week’s AGM presentation titled 'The next leg up … '. Bills details the company’s corporate snapshot, key projects, future direction, its unique business model and...

on 29/11/19

2 min read