Successful Placement to Raise $15.5m and Initiation of SPP
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Santana Minerals Ltd. has announced a successful placement to raise funds from institutional and professional investors, totaling a significant amount. The company will also initiate a share purchase plan for existing shareholders, aiming to raise additional funds. The funds will be allocated to exploration and drilling activities at the Bendigo-Ophir Gold Project in New Zealand, among other uses. The placement is oversubscribed, indicating strong investor interest in the company's projects.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Santana Minerals
- New Infill Drilling Gold Assay Results from RAS
- New Gold Assays and Metallurgical Results from RAS
- More High Gold Grades from RAS Infill Drilling
- Investor Presentation
- Investor Presentation - Bell Potter Unearthed Conference
Later from Santana Minerals
- Santana Minerals Limited - SHARE PURCHASE PLAN CLEANSING NOTICE
- Completion of Placement
- High Grade Intercept from Infill Drilling South of RAS Ridge
- RAS High Grade Zones Expand with New Drilling Results
- Appointment of Chief Executive Officer
Follow Santana Minerals into a list and get an email when it puts out news.
Follow Santana Minerals