tiprankstipranks
Trending News
More News >

Enterprise Metals Secures $780,000 Through Share Placement

Story Highlights
Enterprise Metals Secures $780,000 Through Share Placement

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1