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Gold Road completes $23M oversubscribed placement

Gold Road Resources Limited is pleased to announce it has received firm commitments for an institutional placement of approximately 77.3 million shares to raise A$23.2 million (before costs) at $0.30 per new share to new and existing institutional and sophisticated investors. The Placement was heavily oversubscribed and had strong broad based support from Gold Road?s existing domestic and international Institutional investors.??

Ian Murray
Executive Chairman

Company Events - GOLD ROAD RESOURCES LIMITED