$4.34 Million Capital Raising to Fund 2018 Exploration
Filed with ASX · · 1 page · English
Summary by 6ix AI
The company has secured firm offers from institutional and professional investors for a placement of shares, alongside a share purchase plan for existing shareholders. Funds raised will be allocated to exploration at various properties, including detailed surveys and drilling campaigns. The Executive Director expressed optimism about advancing their portfolio of cobalt and copper-nickel projects with this funding.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Meteoric Resources NL
- Meteoric Stakes Additional Cobalt Ground at Mulligan
- Meteoric Commences Maiden Drilling Program at Midrim
- Meteoric Defines High-Priority Copper and Nickel Targets
- Verification Program Confirms High Grade Mineralisation
- Commencement of Cobalt Exploration
Later from Meteoric Resources NL
- Security Purchase Plan
- Share Purchase Plan Offer Amended Record Date
- Meteoric Confirms High-Grade Cobalt Results at Mulligan
- Share Purchase Plan Completed
- Massive Sulphides Intersected in Drilling
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