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07/03/25
09:23
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Originally posted by stoker1:
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SUCCESSFUL $14 MILLION PLACEMENT TO ADVANCE THE ANTLER COPPER PROJECT, USA Key North American investors cornerstone pivotal equity raising to advance New World’s Antler Copper Project towards Final Investment Decision Highlights Firm commitments received for a $14.0 million Institutional Placement via the issue of approximately 700 million New Shares at an Offer Price of $0.020 per New Share The Placement was strongly supported by key North American cornerstone investors who are highly supportive of the Company’s development strategy and pathway to production Proceeds from the Placement, together with existing cash, allow New World to advance the Antler Copper Project towards a positive Final Investment Decision Members of Board & Senior Management have committed to subscribe for approximately $640,000 under a Second Tranche, subject to shareholder approval
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Nice to see management pitch in, be interesting to see how the market responds still big buys orders sitting above 2cents.