Launches $1.5 Million Underwritten Share Purchase Plan
Filed with ASX · · 4 pages · English
Summary by 6ix AI
McLaren Minerals Limited has announced the launch of an underwritten share purchase plan aimed at raising funds for various projects and working capital. The plan allows eligible shareholders to purchase new shares and receive free attaching options with their subscriptions. The funds raised will primarily support a feasibility study at the McLaren Project and exploration at the Barossa Project.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
McLaren Minerals Limited on 6ix
Story so far
Earlier from McLaren Minerals
- 54 km Zircon-Rich Mineral Sands System Identified at Barossa
- High-Grade Results Identified at Barossa Project
- Major drilling campaign commences at McLaren project
- Launch of Major Drilling Campaign at McLaren Project
- Quarterly Activities/Appendix 5B Cash Flow Report
Later from McLaren Minerals
- Extension of Share Purchase Plan Closing Date
- Share Purchase Plan
- Successful Completion of Share Purchase Plan to raise $1.65m
- Strong Resource Upgrade Drilling Results at McLaren Project
- Eastern Shoreline Target Drilling to Commence at McLaren
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