SHN 5.26% 1.8¢ sunshine metals limited

Ann: Share Placement to Advance Greater Liontown Exploration, page-24

  1. 8,358 Posts.
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    One of our investors:

    https://hotcopper.com.au/posts/70361522/single

    It is an investment by Lion Selection Group in this placement:
    From page 2 of LSX's announcement:
    Sunshine Metals
    Sunshine holds a base metals dominated (zinc, copper, gold) Resource in North Queensland within a
    geological belt that contains numerous similar examples of mineralisation. As a result of investment by
    historic owners of the ground Sunshine benefits from defined Resources that are open in all directions, and
    established targets that are revealed in the data-rich ground position. There has been mining in the district
    for over a century and the project is well located with respect to critical infrastructure, which reduces the
    risk threshold for potential future project development.
    Lion invested $0.25M via the $3M placement that was announced by Sunshine on 21 September 2023
    priced at 1.4cps.
 
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