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The latest announcement is out from Enterprise Metals Limited ( (AU:ENT) ).
Enterprise Metals Limited announced a successful placement to raise approximately $780,000 through the issuance of 260 million new shares at $0.003 per share. The funds will be used for drilling at their Doolgunna, Murchison, and Mandilla projects and for working capital, with the placement offering a discount to the company’s recent average share price.
More about Enterprise Metals Limited
Enterprise Metals Limited is a West Australian exploration company with wholly owned projects at Doolgunna, Murchison, and Mandilla, as well as an option to acquire the Eneabba East titanium/copper/heavy minerals project.
Current Market Cap: A$2.95M
For a thorough assessment of ENT stock, go to TipRanks’ Stock Analysis page.