Matador Mining Ltd's (ASX:MZZ) chairman Ian Murray speaks to Proactive soon after announcing they've raised A$8.7 million in a placement that was strongly supported by Australian and international institutional investors. He says they're now in a strong position to fund a major exploration program at the highly prospective, 100%-owned Cape Ray Gold Project in Newfoundland, Canada.
Matador Mining raises A$8.7 million to fund major exploration program at Cape Ray gold project
Quick facts: Matador Mining Ltd
Price: 0.33 AUD
Market Cap: $56.17 m
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