I am quite new to all this but something in the announcement said
"Following its recent share placement of $2.5 million and the exercise of options by optionholders, Alchemy is well funded and able to quickly drill prospective areas as Native Title has been extinguished over the Narracoota Formation area on the Three Rivers tenements."
Therefore my feeling would be there wouldnt be a capital raising? Can someone with more experience explain if thats the case?
sp vs.recent findings, page-2
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