$2.5M Rights Issue Closes with Significant Excess Demand
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$2.5M Rights Issue Closes with Significant Excess Demand
· Rights Issue seeking to raise $2.5 million closes with significant excess demand
· Strong support from existing shareholders and new investors introduced by Mahe Capital
· Funds to be used primarily to advance the Company’s Trafalgar high-grade gold discovery at Golden Ridge in Northeast Tasmania
· Phase 3 drilling at the Trafalgar prospect commenced in April 2024
· 1,500m diamond drill program has been planned
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