Gold X2 Raises $72.7M; AngloGold Ashanti Pours C$38.7M into Thesis Gold Financing
Gold X2 closed its second and final private placement tranche, securing gross proceeds of approximately $72.74 million. AngloGold Ashanti invested C$38.7 million for a 5% stake in Thesis Gold & Silver’s C$44 million financing to fund Lawyers-Ranch gold-silver project studies in British Columbia.
1. Gold X2 Finalizes $72.74M Private Placement
Gold X2 closed its second and final private placement tranche, securing gross proceeds of approximately $72.74 million to advance exploration and corporate activities.
2. AngloGold Ashanti Invests in Thesis Gold & Silver
AngloGold Ashanti subscribed for 13.9 million shares of Thesis Gold & Silver for C$38.7 million, acquiring a 5% interest in the C$44 million financing round alongside Centerra Gold’s 2.1 million-share participation.
3. Proceeds to Fund Lawyers-Ranch Project Studies
The combined financing will provide working capital and underwrite detailed technical and environmental studies for the Lawyers-Ranch gold-silver project in British Columbia, positioning both issuers for next-stage development.