🟢 Turaco Gold is trading 7% up today after A$120 million raise for Afema acquisition

Turaco Gold is trading at A$0.73, up 6.57%, after a market report linked the day’s rise to its financing announcement.

• The company announced firm commitments for a A$120 million placement at A$0.60 per share, alongside a share purchase plan targeting up to A$10 million.
• The financing is intended to fund the acquisition of the remaining 20% of the Afema Gold Project and advance development work.