Resource update and Phase 2 drilling scheduled for early 2024
HIGHLIGHTS
- Firm commitments received to raise over A$2.05 million through a placement at A$0.14 per share, representing a 12.5% discount to the 15-day VWAP.
- The placement was well supported by existing shareholders, Directors and new sophisticated investors, demonstrating the continued and long-term belief in the Company’s critical minerals projects and development strategy in Europe.
- In addition to the shares, participants will be granted 1 free unlisted option for every 2 shares purchased. These options have a strike price of A$0.25 and a twoyear expiry.
