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Audalia Resources Limited ( (AU:ACP) ) has provided an announcement.
Audalia Resources Limited has successfully completed a $500,000 placement to a sophisticated investor, issuing 20 million fully paid ordinary shares at $0.025 per share. The funds will be used to advance the Medcalf Project and support general working capital, positioning the company to secure further regulatory approvals and permits necessary for the project’s development.
More about Audalia Resources Limited
Audalia Resources Limited operates in the mining industry, focusing on the development of mineral resources. The company is engaged in advancing its Medcalf Project, which involves mining design, obtaining necessary permits, and conducting evaluation work.
Average Trading Volume: 16,701
Technical Sentiment Signal: Buy
Current Market Cap: A$18.22M
For an in-depth examination of ACP stock, go to TipRanks’ Overview page.