Australian Potash Secures $2.98M in Capital Raise

Australian Potash Limited (AU:APC) has released an update.

Australian Potash Limited has successfully completed a $2.98 million capital raise, issuing nearly 3 billion shares at $0.001 each, accompanied by billions of options. The funds are allocated to various projects including drilling at the Lake Wells Gold Project and administrative costs, with the majority aimed at working capital and further exploration. The company plans to apply for the options to be quoted on the ASX.

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