Sternship is pleased to have acted as Joint Lead Manager to Horizon Gold Ltd (ASX: HRN) on its A$30.0 million equity raising.

The Placement saw strong interest from a number of leading institutional gold investors.

Funds will be directed toward completion of the Feasibility Study on the Company’s 100% owned Gum Creek Gold Project and a meaningfully upsized exploration program targeting both high-grade underground extensions of the existing orebodies and shallow oxide exploration targets beyond the current mine plan.

Congratulations to Scott Williamson and the HRN team.