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Andromeda Metals Limited ( (AU:ADN) ) has provided an announcement.
Andromeda Metals Limited has successfully raised $996,000 through a Share Purchase Plan, contributing to a total of $13,996,000 raised for the development of its Great White and HPA Projects. The funds will be used for various project advancements, including environmental compliance, early site works, and equipment procurement, positioning the company to commence significant on-ground activities and enhance its operational capabilities.
More about Andromeda Metals Limited
Andromeda Metals Limited is a company operating in the mining industry, focusing on the development of mineral projects. Its primary projects include the Great White Project and the High Purity Alumina (HPA) Project, with a market focus on mineral extraction and processing.
Average Trading Volume: 15,946,667
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$54.69M
See more data about ADN stock on TipRanks’ Stock Analysis page.