Bastion Minerals Ltd (AU:BMO) has released an update.
Bastion Minerals Ltd has successfully completed a $500,000 placement and announced an entitlement issue to raise an additional $1.5 million. The funds will support exploration and development of the company’s high-grade Canadian copper project and Swedish REE/Copper projects. The new shares and options issued will rank equally with existing ordinary shares, with the company planning to list all options on the ASX.
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