E79 Gold Mines (ASX:E79) raises $729,000 for exploration efforts

Western Australia-based E79 Gold Mines raised $729,000 through its share purchase plan and share purchase plan shortfall placement.

The share purchase plan generated $569,000, while an additional $160,000 was raised through the  Shortfall Placement at 3.5 cents per share.

Funds will support exploration at the Mountain Home Copper-Gold Project, Jungar Flats Project, and South Laverton Project, alongside working capital needs.