OREANDA-NEWS. ScotGold Resources raises funds through PrimaryBid platform

PrimaryBid, a leading online funding platform that enables investors to gain access to placings of AIM-listed companies, is pleased to announce another successful fundraising of ?35,000 sourced through its proprietary funding platform for ScotGold Resources.

This contribution from PrimaryBid forms part of a larger fundraising of ?500,000 for ScotGold Resources through its broker, Stockdale Securities.

Primary Bid has raised more than ?2.5 million since the site went live in 2015 with demand continuing to grow on the platform. PrimaryBid users are actively "watching" 50% of all AIM companies and more than 80 different AIM companies have received live bids totaling more than ?52 million worth of potential equity value. 

Commenting on today's announcement, Dave Mutton, COO, PrimaryBid said:

"We are pleased to be able to assist ScotGold during this round of funding and believe many more AIM companies are beginning to recognise the opportunity to access additional capital through PrimaryBid's unique AIM crowdfunding platform."