Congratulations to Gorilla Gold Mines Ltd (ASX: GG8) on its A$31.7m Placement.

The Placement was strongly supported by leading international, specialist resource-focused institutional investors, reflecting growing confidence in Gorilla’s high-grade gold portfolio near existing infrastructure across Western Australia.

Proceeds from the Placement will enable the Company to maintain strong exploration and resource growth momentum across its Comet Vale, Mulwarrie and Vivien projects.

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