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GCX Metals Limited ( (AU:TM1) ) has issued an update.
Terra Metals Limited has secured a $4 million strategic investment to advance its Dante Project in Western Australia. The investment, which involves the issuance of new shares, welcomes strategic investors Golden Energy and Resources Pte Ltd and Matthew Latimore, both of whom bring significant experience in resource development. The funds will be used for further exploration and development of the Dante Project, which has shown promising mineralization results. This investment is seen as a validation of the project’s potential and is expected to enhance Terra Metals’ position in the critical minerals sector.
More about GCX Metals Limited
Average Trading Volume: 1,669,563
Technical Sentiment Signal: Hold
Current Market Cap: A$17.44M
Find detailed analytics on TM1 stock on TipRanks’ Stock Analysis page.