Roxgold inks $12.5 mln funding deal with Appian Natural Resources Fund
Gold exploration and development company Roxgold Inc (TSXV: ROG) has secured $12.5 million in financing from Appian Natural Resources Fund, a resource-focused private equity fund affiliated with London-based Appian Capital Advisory. The transaction was part of a $29 million public offering closed in March. Proceeds of the investment will be used to advance the Toronto-based Roxgold's Yaramoko Gold Project in Burkina Faso, West Africa, to undertake further exploration at the property, and for general working capital purposes.
27 March 2014•4 mins read
