Saudi Arabia gold project on track, says Citadel

Citadel Resource shareholders have overwhelmingly approved, at an extraordinary general meeting in Melbourne, the recently announced A$22 million capital raising undertaken by the Company.

Citadel is a minerals exploration and development company, focused on gold and base metals in the Arabian Shield.

The EGM of shareholders was held primarily to approve approximately 25% of the share placement, which is in excess of the 15% limit.