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Pathfinder Resources Ltd ( (AU:BM8) ) has issued an update.
Battery Age Minerals Ltd has successfully raised A$5.5 million through a two-tranche placement to accelerate its global exploration programs. The funds will be used for ongoing drilling at the Bleiberg Zinc-Lead-Germanium Project in Austria, maiden drilling at the El Aguila Gold-Silver Project in Argentina, and exploration at the newly secured Apex Germanium-Gallium Project in the USA. The company is also advancing its collaboration with the University of Sydney on germanium recovery technologies. This capital raise enhances Battery Age’s financial flexibility, positioning it to achieve significant discoveries in key jurisdictions and reinforcing its commitment to a western-aligned, sustainable supply chain for strategic materials.
The most recent analyst rating on (AU:BM8) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Pathfinder Resources Ltd stock, see the AU:BM8 Stock Forecast page.
More about Pathfinder Resources Ltd
Battery Age Minerals Ltd is a company operating in the critical metals exploration industry, focusing on the exploration and development of germanium, gallium, and precious metals. The company is actively engaged in projects across Austria, Argentina, and the USA, with a strategic emphasis on building a sustainable supply chain for semiconductor-critical metals.
Average Trading Volume: 2,142,515
Technical Sentiment Signal: Buy
Current Market Cap: A$28.23M
See more data about BM8 stock on TipRanks’ Stock Analysis page.