Siren Golds Oversubscribed Capital Raise and New Leadership

Siren Gold Limited (ASX: SNG) has successfully raised approximately AU$2.2 million in capital, with strong support from existing shareholders and new institutional investors. The funds will primarily be allocated to exploration activities at various sites, including Auld Creek and Sams Creek. Additionally, the company has appointed Victor Rajasooriar, a highly experienced mining executive, as the new Managing Director and CEO starting April 2024.

Rajasooriar brings over 25 years of industry experience to the role. Evolution Capital Pty Ltd and Morgans Corporate Limited acted as Joint Lead Managers to the placement. The transition will also see Brian Rodan move into the position of Non-Executive Chairman. Siren aims to leverage these developments to advance its projects towards successful mining permit applications and eventual production in New Zealand.

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