Congratulations to the Gorilla Gold Mines Ltd team on its A$25m Institutional Placement.

The Placement was strongly supported by leading domestic and international resource investors. Existing substantial and strategic shareholder Genesis Minerals Limited has subscribed for shares to maintain its pro-rata shareholding in Gorilla.

The Placement positions Gorilla with a strong balance sheet allowing the Company to accelerate exploration activities at its recent Lakeview discovery and maintain ongoing exploration momentum at its Comet Vale, Mulwarrie and Vivien projects.

Sternship Advisers is pleased to have acted as Joint Lead Manager to the Placement.