Canadian miner Rua Gold raises $16.7m for NZ drilling push

Rua Gold has big hopes for two historic New Zealand gold mine fields. (Image: 123RF)

Fri, 27 Jun 2025

Canadian-listed gold mining company Rua Gold has raised C$13.8 million (NZ$16.69m) to continue its exploration programme in New Zealand.In a statement to investors, Rua Gold said it had successfully completed its previously announced public and private share sales. Unlocking potentialIn total, it sold 19,714,450 shares at a price of C70 cents (NZ80c) each – including extra shares sold through an over allotment option – raising a total of C$13.8m before fees and expenses, it said.The company said it intended to use the funds to...

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