Barton Gold concluded its share purchase plan, receiving over 300% of the targeted amount in shareholder applications.

Initially aiming to raise $1 million at 24 cents per share, the share purchase plan closed early due to overwhelming interest, resulting in applications totalling $3.2 million.

Of the applications, $2.3 million worth was accepted, leading to the issuance of approximately 9.375 million new shares.

The company looks forward to advancing projects in South Australia, including scoping studies at Tunkillia and high-grade target drilling at Tarcoola.