Midas raises $28m to advance Otavi Project
Filed with ASX · · 3 pages · English
Summary by 6ix AI
The placement received strong support from both new and existing institutional investors. Proceeds will be used for exploration, drilling, and initial feasibility work at the project. Midas is currently drilling at two locations on the Otavi Project, with plans for further drilling in the coming weeks.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
In the deck
Story so far
Earlier from Midas Minerals
- Midas extends high-grade Copper-Silver at Spaatzu Prospect
- Midas expands high-grade copper-silver discovery at Otavi
- Quarterly Activities/Appendix 5B Cash Flow Report
- Multiple new priority drill targets at Otavi Copper Project
- Significant New, High-Grade Copper-Silver Discovery at Otavi
Later from Midas Minerals
- Initial High-Grade Inferred Copper & Silver Resource, Otavi
- Initial Resource at Otavi - Investor Presentation
- Exceptional Copper and Silver Intercepts at T-13, Otavi
- Further Exceptional Copper and Silver Intercepts, Otavi
- High-Grade Copper and Silver Intercepts Continue at T-13
Follow Midas Minerals into a list and get an email when it puts out news.
Follow Midas Minerals