Alicanto Minerals Ltd. (AU:AQI) has released an update.
Alicanto Minerals Ltd announces the successful completion of a non-renounceable entitlement offer, raising approximately A$1.08 million before costs. The proceeds are earmarked for advancing exploration at their Swedish projects and for general working capital. Additionally, Alicanto’s directors have shown their commitment by subscribing to a further A$123,500 in shares, subject to shareholder approval.
For further insights into AU:AQI stock, check out TipRanks’ Stock Analysis page.
