Major Shareholder To Increase Investment In Belararox
Filed with ASX · · 3 pages · English
• DENALA LIMITED HAS AGREED TO SUBSCRIBE FOR UP TO AN ADDITIONAL 7,500,000 BRX SHARES. • PROCEEDS FROM THE SUBSCRIPTION WILL SUPPORT ONGOING EXPLORATION ACTIVITIES AT THE COMPANY’S TMT PROJECT, INCLUING MAIDEN DRILLING IN NOVEMBER 2024. • DENALA LIMITED’S INCREASED EQUITY STAKE SIGNIFIES ITS STRONG CONFIDENCE IN BELARAROX AND THE TMT PROJECT. Belararox Limited (ASX : BRX) (BRX or the Company), an
Earlier from Belararox
- Site Works Underway At TMT Project
- Agreement Executed to Acquire Kalahari Copper Project
- Completes A$7.7m Placement To Launch Drilling At TMT Project
- Assay Results Confirm Second Porphyry System at TMT
- Second Porphyry System Identified at Tambo South
Later from Belararox
- TMT Project Advances with Experienced Drilling Contractor
- Successful A$8m Placement To Progress the TMT Project
- Drilling Programme Targets Malambo And Tambo South Prospects
- TMT Update - Drilling programme ready at Malambo target
- Progress Update on Malambo and Tambo South Drilling Programs
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