Shaw and Partners was pleased to be appointed as Sole Lead Manager to the $25 million equity raising by Dateline Resources Limited (ASX:DTR | OTCQB:DTREF)

Proceeds from the Placement will be used to ramp up exploration and development at the Colosseum Gold and Rare Earth Elements (REE) Project in California.

Dateline is an Australian company focused on mining and exploration in North America. The Company owns 100% of the Colosseum Gold-REE Project in California. The Colosseum Gold mine has a JORC-2012 compliant Mineral Resource estimate of 27.1Mt @ 1.26g/t Au for 1.1Moz. Colosseum is located less than 10km north of the Mountain Pass Rare Earth mine.

The importance of the Colosseum Gold-REE Project has been recognized at the highest levels of the U.S. Government. The U.S. Secretary of the Interior, Doug Burgum, reaffirmed the validity of Dateline’s existing rights at Colosseum and emphasized the site’s role in advancing American energy independence and critical mineral production.

This offer was available to Wholesale investors only (as that term is defined in the Corporations Act). Shaw and Partners Limited acted as Lead Manager in relation to the offer and received fees for that service.