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Dragon Energy A$1M rights issue gets 7% take-up

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

Dragon Energy A$1M rights issue gets 7% take-up

Dragon Energy Ltd.'snonrenounceable entitlement issueto raise up to A$1 million received valid applications for only about 7% of theshares offered.

Of the maximum 206,426,374 new shares offered on the basis of1 new share for each share held, applications were received for only 14,642,250shares, according to the July 20 statement.

The company is looking to fund development of its iron ore projectin Western Australia.