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Bryah Resources Completes First Tranche of Share Placement, Raises $370k for Copper Exploration

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Bryah Resources Completes First Tranche of Share Placement, Raises $370k for Copper Exploration

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Bryah Resources Ltd. ( (AU:BYH) ) has issued an announcement.

Bryah Resources Limited has successfully completed Tranche 1 of its Placement, raising $370,542 through the issue of 123,513,872 new shares to sophisticated and professional investors. The funds raised will support copper exploration in the Bryah Basin, project generation, and general working capital. The company is also planning a General Meeting in mid-March 2025 to seek shareholder approval for further share and options issuance under Tranche 2, highlighting its ongoing efforts to secure financial resources for its projects.

More about Bryah Resources Ltd.

Bryah Resources Limited operates in the mineral exploration industry, focusing primarily on copper exploration in the Bryah Basin. The company is involved in project generation and managing working capital for its operations.

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$2.01M

Learn more about BYH stock on TipRanks’ Stock Analysis page.

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