🕐06.03.13 - 00:00 Uhr

TRITON GOLD [ASX: TON] - TRITON RAISES $1.6 MILLION FOR MOZAMBIQUE PROJECT





Fortbridge Media Release

Triton Gold [ASX: TON] - Triton raises $1.6 million for Mozambique project

Triton Minerals Limited has raised over A$1.6 million through the combination of a placement of shares to sophisticated and professional investors and the completion of a Share Purchase Plan with existing shareholders.

The Placement received strong support from existing major shareholders and a new cornerstone investor. The Placement was co-ordinated through Merchant Capital Markets Pty Ltd as lead Broker to the Offer and supported by Patersons Securities Limited as Corporate Advisors.

The Placement of 10 million shares at five cents per share to raise approximately $500,000, was subject to shareholder approval and received unanimous support from Triton shareholders at the Company�s, General Meeting of Shareholders held on Thursday, 28 February 2013.

The Company�s SPP closed on Friday, 1 March 2013 and again received strong support from existing shareholders raising over A$1.1 million. The SPP provided all shareholders the opportunity to subscribe for new shares in the Company at the same price as the
Placement.

As a result of the Placement and SPP, Triton is now fully funded and in a strong financial position with adequate working capital to complete the current exploration and drilling program, on the Company�s key Graphite project in the Cabo Delgado Province of Mozambique. In addition to this the Company will continue to identify and assess new investment opportunities.

Please see the link below for more details.

For further information, please contact:

Brad Boyle
Managing Director
Tel: +61 89215 4222
Email:

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