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