🕐16.09.10 - 08:54 Uhr

Republic Gold [ASX: RAU] - $6 million capital raising



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Republic Gold [ASX: RAU] - $6 million capital raising

Republic Gold Limited (ASX: RAU) has successfully raised $2 million through a placement of shares (�Placement�) to institutional and sophisticated investors.

The $2 million Placement will entail the issue of 200 million shares at a price of 1 cent per share, not requiring shareholder approval.

Key points:

* A total of $2 million raised through a Placement to institutional and sophisticated investors
* Share Purchase Plan (�SPP�) announced, with $4 million to be underwritten by Patersons Securities Limited (�Patersons�)
* Pricing of the SPP is the same as the Placement with approximately 5,000 eligible shareholders to be offered up to $15,000 of shares at 1 cent per share
* Funds raised to provide working capital to finalise project financing and to further develop
the Company�s flagship Amayapampa Gold Project in Bolivia, with a timeline of 12 - 18
months until first production

Republic also announces an SPP for registered holders of fully paid ordinary shares in the Company with an address as recorded in the Companys share register in Australia or New Zealand (�Eligible Shareholders�).

Please see the attached announcement for details.

For further information, please contact:

John Kelly
Managing Director
+61 418 577 759

Media:
Fortbridge Consulting
P: +61 2 9331 0655
Bill Kemmery
M: +61 400 122 449
E:
Luke Dean
M: +61 414 535 433
E:

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