Scotgold completes £3.0 million capital raise
Scotgold Resources Ltd has raised $3.6 million (£3.0m) in total from the sale of 1.2 million shares at 40p each.
The Stirlingshire-based gold exploration and production company announced plans to raise around £2.5m last week.
The firm is primarily focused on developing the Cononish gold mine in the highlands. It will use the proceeds to further its operations at the mine and fund exploration work in the Grampians region.