WR1 4.76% $1.30 winsome resources limited

Ann: A$34m equity raise at a significant premium, page-2

  1. 12,513 Posts.
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    Cashed up and ready to rock and roll.

    Funds raised from the FTS Placement will be specifically applied as follows:
    • expedited follow-up drilling at priority targets at Adina-Jackpot; prospecting, gravity, stripping and channel sampling and CEE eligible staffing expenses at Adina (totalling approximately A$26.0 million);

    • expedited follow-up drilling at priority targets at Cancet; prospecting, gravity, stripping and channel sampling and CEE eligible staffing expenses at Adina (totalling approximately A$6.8 million);

    • expedited follow-up drilling at priority targets at Tilly; exploration, prospecting, gravity, stripping and channel sampling and CEE eligible staffing expenses at Tilly (totalling approximately A$1.4 million); and

    • surveys, field work and preliminary drilling campaigns at Winsome’s other projects: Sirmac-Clapier (totalling approximately A$0.2m).


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    Last edited by TopGun1: 09/10/23
 
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