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Blackstone Minerals Ltd ( (AU:BSX) ) has provided an update.
Blackstone Minerals Limited has raised $600,000 through its At-the-Market Subscription Agreement with Acuity Capital by setting off 12,400,000 collateral shares. This funding will support the company through its merger process with IDM International and its acquisition of the Mankayan Copper-Gold Project in the Philippines, enhancing its position in the critical minerals market.
More about Blackstone Minerals Ltd
Blackstone Minerals is a minerals exploration and development company listed on the Australian Stock Exchange (ASX:BSX). The company focuses on critical minerals exploration in South East Asia, owning the Ta Khoa Nickel-Copper-PGE Project in Northern Vietnam. Blackstone is also involved in a merger with IDM International and has acquired the Mankayan Copper-Gold Project in the Philippines, a region known for its rich mineral resources, particularly copper and gold.
Average Trading Volume: 1,996,946
Technical Sentiment Signal: Buy
Current Market Cap: A$44.95M
For an in-depth examination of BSX stock, go to TipRanks’ Stock Analysis page.