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Dalaroo Metals Ltd. ( (AU:DAL) ) has shared an announcement.
Dalaroo Metals Ltd has successfully raised $1,000,000 through a strategic capital placement to fund exploration projects in Cote d’Ivoire, Greenland, and Western Australia, as well as for general working capital and new business opportunities. The placement, which was oversubscribed, involved existing shareholders, local partners in Cote d’Ivoire, and strategic investors, highlighting strong support for Dalaroo’s growth strategy. Additionally, the company announced the resignation of CEO Chris Connell, who will remain for a three-month transition period while a search for his replacement is underway.
More about Dalaroo Metals Ltd.
Dalaroo Metals Ltd is a company involved in the exploration sector, focusing on projects in Cote d’Ivoire, Greenland, and Western Australia. It aims to expand its operations by identifying and assessing new complementary projects.
Average Trading Volume: 512,661
Technical Sentiment Signal: Buy
For a thorough assessment of DAL stock, go to TipRanks’ Stock Analysis page.