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Altamin Limited ( (AU:AZI) ) just unveiled an announcement.
Altamin Limited has successfully completed the institutional component of its entitlement offer, raising approximately $3.43 million with strong backing from its major shareholder, the Victor Smorgon Group. The funds will be used for exploration activities at the Lazio Project and maintaining the Gorno Project, with the retail component of the offer opening soon, allowing eligible shareholders to participate under similar terms.
More about Altamin Limited
Altamin Limited is a company in the mining industry, focusing on exploration and development projects. Its primary projects include the Lazio Project and the Gorno Project, with a market focus on expanding its resource base and maintaining operational stability.
Average Trading Volume: 198,841
Technical Sentiment Signal: Buy
Current Market Cap: A$20.68M
For detailed information about AZI stock, go to TipRanks’ Stock Analysis page.