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Barton Gold raised $15M in a share placement, boosting funds for Stage 1 production by late 2026.
Barton Gold Holdings (ASX: BGD) completed a $15 million institutional placement at $1.25 per share, issuing 12 million new shares, with Franklin Templeton leading the round and acquiring a ~3.8% stake.
The price was a 3.8% discount to the prior traded price of $1.30 but a premium to recent benchmarks.
The placement expanded the company’s fully paid share count to 237.96 million and brought in new institutional investors, including Donald Smith Value Fund, L.P. Barton also launched a $2.5 million non-underwritten Share Purchase Plan (SPP) at the same price, opening October 23, 2025, allowing eligible shareholders to buy more shares via BPAY.
The company aims to commission Stage 1 production by end-2026, with significant gold and silver resources and ownership of the region’s only gold mill in South Australia’s Gawler Craton.
Barton Gold recaudó $ 15M en una colocación de acciones, aumentando los fondos para la producción de la Etapa 1 a finales de 2026.