"successfully secured commitments from institutional and sophisticated investors to subscribe for 100,000,000 new shares"
"issue price of A$0.06 per share, to raise gross proceeds of A$6 million"
"Tribeca, has committed to subscribe for approximately A$941,000"
"directors have committed to subscribe for A$174,000"
"new resource focused institutions supported the placement...validates the recent Dante Reefs discovery"
"funds for infill & extensional drilling, metallurgical & mineralogical analysis, geophysical surveys, discovery drilling of magmatic copper sulphide targets"
"the copper-platinum group element sulphide discovery at the Dante Reefs is the first of its kind in Australia"
"the Dante Reefs are mapped to outcrop for at least 42km of strike across the Dante project, with most remaining undrilled"
https://mining.beehiiv.com/p/jims-mining-letter-june-25-2024
Worth reading
"successfully secured commitments from institutional and...
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