Trigg Mining (ASX:TMG) to raise $2.3M for WA projects

Mining

ASX:TMG MCAP $11.01M

Managing Director, Keren PatersonSource: The West Australian

• Trigg Mining (TMG) plans to raise up to $2.3 million through a renounceable rights issue
• The company will offer two new shares for every seven shares currently held, at 14 cents each
• Proceeds from the issue will be used to advance Trigg's sulphate of potash projects in Western Australia
• In particular, funds will go towards an upcoming maiden aircore drilling program at the Lake Throssell discovery
• Trigg Mining closed Thursday's session 15.56 per cent in the red to trade for 19 cents

Read the full article on The Market Herald here: https://themarketherald.com.au/trigg-mining-asxtmg-raises-funds-for-wa-projects-2020-09-18/