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Yandal Resources welcomes new strategic investors ahead of busy period of exploration

Yandal Resources Ltd's (ASX:YRL) Lorry Hughes caught up with Proactive's Andrew Scott after raising $6 million in a placement to accelerate an exploration program across its suite of gold projects in Western Australia. DGO Gold Limited (ASX:DGO) subscribed for 8 million shares at 50 cents per share as part of the capital raising initiative while Regal Funds Management Pty Ltd took four million shares.

Quick facts: Yandal Resources Ltd

Price: 0.465 AUD

ASX:YRL
Market: ASX
Market Cap: $43.19 m
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Full interview: Yandal Resources reflects on a productive 12 months since...

Yandal Resources Ltd (ASX:YRL) managing director Lorry Hughes updates Proactive on the year that was, 12 months after listing on the ASX. Hughes said it had been an immensely satisfying first year with the company in a great position for continued growth after defining a maiden...

on 4/12/19

2 min read