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The latest announcement is out from Strategic Energy Resources Limited ( (AU:SER) ).
Strategic Energy Resources Limited has successfully raised $2 million through a placement of shares to fund its Diamantina Copper-Gold Project and upcoming drill campaigns at Isa North and Bulimba Gold Project. This capital injection, supported by both existing shareholders and new institutional investors, positions SER to pursue significant exploration activities in Queensland over the next 12 months, aiming for major discoveries in the copper-gold sector.
More about Strategic Energy Resources Limited
Strategic Energy Resources Limited (SER) is a specialized explorer focused on discovering world-class copper deposits in Queensland, Australia. The company is actively engaged in exploring the undercover extensions of the Mt Isa Inlier at Isa North and Canobie, in partnership with Fortescue, and has recently acquired the Diamantina Project.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.7M
For a thorough assessment of SER stock, go to TipRanks’ Stock Analysis page.