IDC mentioned, after securing the additional funding of $1.15m...

IDC mentioned, after securing the additional funding of $1.15m from it's existing lender (Financier), that it proposed equity raising.....

Future funding Future funding

With the immediate funding package in place, discussions are progressing with the Company’s existing shareholders and potential investors to seek new equity funding that will allow the Company to continue to develop the Mt Kare project in PNG. The Company is encouraged by these discussions and will continue to engage with potential equity providers over the coming days to progress the Company’s
equity raising efforts