South Perth-based Dragon Mountain Gold Ltd has raised $6.32 million via the placement of 13.45 million shares at 47 cents each with a range of select institutional groups and sophisticated investors in Australia and the UK.

South Perth-based Dragon Mountain Gold Ltd has raised $6.32 million via the placement of 13.45 million shares at 47 cents each with a range of select institutional groups and sophisticated investors in Australia and the UK.