Bryah Resources Ltd. (AU:BYH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Bryah Resources Ltd. has secured $407,000 through a placement to sophisticated investors and received a $350,667 R&D tax rebate, aiming to advance exploration at its manganese and copper assets in the Bryah Basin. The placement involves issuing over 67 million shares at $0.006 each, including options, to fund studies and regulatory permitting for its projects. The funds will also support general working capital and exploration of VMS copper deposits.
For further insights into AU:BYH stock, check out TipRanks’ Stock Analysis page.