Dominion Minerals Limited (AU:DLM) has released an update.
Dominion Minerals Limited announces an increase in its capital raising efforts, aiming to secure up to A$3.5 million to fund exploration at the Morogoro Project, as part of its strategy post-acquisition of Exceptional Graphite companies and White Hill licenses. The company also plans to appoint seasoned industry executive Mr. Andrew Lawson as CEO, who brings over 25 years of experience across various sectors, including his tenure at Glencore and advisory roles in startups. Dominion outlines an indicative timetable, with the acquisition and offer completion set for early December 2024, followed by an anticipated re-quotation on the ASX.
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