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Mako Gold's Peter Ledwidge outlines plans following $10 million oversubscribed placement

Mako Gold Ltd's (ASX:MKG) Peter Ledwidge caught up with Proactive's Andrew Scott following the news they've completed the second tranche of an oversubscribed share placement with $10 million raised to support efforts to grow the company's gold exploration in West Africa. Together with existing cash reserves of $2.8 million, proceeds from divestment of the Niou Project of $1 million and completion of the placement ensures Mako is well-funded to execute its systematic exploration and growth strategy.

Quick facts: Mako Gold Ltd

Price: 0.11 AUD

ASX:MKG
Market: ASX
Market Cap: $28.21 m
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