Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge tells Proactive the company has secured binding commitments to raise $2.6 million at a price of $0.03 per share, with a follow-on loyalty option offer to raise up to a further $678,000. Funds will be used, in conjunction with $1.35 million in cash reserves and access to a US$2 million Geodrill (TSX:GEO) (Geodrill (TSX:GEO)) Drill-forEquity Facility for its near-term resource growth strategy.
Mako Gold says drilling imminent at Napie following $2.6M raise
