NGG tops up cashbox

PNG-focused explorer New Guinea Gold has bolstered its working capital facility by $C5.35 million ($A6.06 million) through proceeds from the early exercise of warrants and establishing a working capital facility with the Bank of South Pacific.

NGG tops up cashbox
NGG tops up cashbox
NGG tops up cashbox
NGG tops up cashbox
NGG tops up cashbox

The exercise of warrants yielded the company $2.35 million, while the capital facility with “the leading PNG-based commercial bank” will provide about $3 million.

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