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An update from Dundas Minerals Limited ( (AU:DUN) ) is now available.
Dundas Minerals Limited has announced a successful share placement raising $1.1 million from professional and sophisticated investors. The funds will be used for ongoing gold exploration in Western Australia, evaluating new opportunities, and general working capital. Additionally, the company has appointed Ms. Aida Tabakovic as the new Company Secretary, following the resignation of Mr. Shane Volk. This transition is expected to enhance Dundas’ corporate governance and compliance capabilities.
More about Dundas Minerals Limited
Dundas Minerals Limited (ASX: DUN) is a gold-focused exploration company operating in the gold-rich Kalgoorlie region and the Gerry Well greenstone belt in Western Australia. The company has an option agreement with Horizon Minerals Limited to acquire significant interests in two gold projects and has secured a large tenement package in the under-explored Gerry Well greenstone belt.
Average Trading Volume: 166,528
Technical Sentiment Signal: Buy
Current Market Cap: A$3.22M
Learn more about DUN stock on TipRanks’ Stock Analysis page.