Placement secured to raise $2.2 million
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Amara Minerals Limited has announced a placement to raise funds through the issuance of shares at a premium to the last traded price, reflecting strong investor interest. The placement aims to support ongoing drilling activities at the Lauriston and Apollo projects following promising antimony results. The participation of the company's chairman and managing director in the placement underscores their confidence in the company's strategy.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Amara Minerals
- High-Grade Antimony System Emerging at Lauriston
- Change of Company Name and ASX Code
- Quarterly Activities/Appendix 5B Cash Flow Report
- High-Grade Gold & Antimony Intercepts at Lauriston
- Receipt of Tax Indemnity Claim - Challenger Mines Pty Ltd
Later from Amara Minerals
- Amara files cross-claim against Great Divide Mining
- High-Grade Gold Intersected at Apollo
- Trading Halt
- High-Grade Gold Intercepts and Visible Gold at Apollo
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