Lefroy Exploration Raises $3.8M to Advance Gold Exploration
(WorldNews Asia)

ASX RELEASE 15 August 2019 Lefroy Exploration Raises $3.8 million to Advance Gold Exploration Highlights LEX has received firm commitments to raise over $3.8 million (before costs) in an oversubscribed share placement to institutional and sophisticated investors. Largest shareholder Gold Fields has supported the raising by acquiring approximately 3.45 million shares in the placement to maintain its position at 18.12% of LEX after completion of the Placement. LEX is now well funded to advance exploration, with drilling programs to be undertaken in the near future at the Lucky Strike and Hang Glider Hill prospects within the Eastern Lefroy Gold Project. Placement Lefroy Exploration Limited...