Canaccord Genuity acts as Joint Lead Manager and Bookrunner to a A$220 million equity raising for Spartan Resources (SPR.ASX)

Canaccord Genuity has helped raise A$220m for Spartan Resources (ASX:SPR) to accelerate exploration and development at the high-grade, Tier 1 Dalgaranga Gold Project.

Spartan owns and operates the Dalgaranga Gold Project in the Murchison Region of Western Australia. The company is currently focused on discovering high-grade ounces at the Never Never, Pepper, and Freak deposits, as it advances underground mine development, infrastructure early works and mill modifications to progress the Dalgaranga mill state of operational readiness ahead of potential re-start activities.

CG acted as Joint Lead Manager and Bookrunner to the equity raising.