Augustus Minerals Limited (AU:AUG) has released an update.
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Augustus Minerals Limited has successfully raised $500,000 through a placement to support its exploration activities at the Munaballya Well uranium target. The funds will be used for on-ground exploration and expanding soil and rock chip programs to further investigate newly identified prospects. This move demonstrates Augustus Minerals’ commitment to advancing its exploration initiatives in the promising Ti-Tree Shear region.
For further insights into AU:AUG stock, check out TipRanks’ Stock Analysis page.