GCX Metals Limited (AU:TM1) has released an update.
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GCX Metals Limited has announced a successful $6 million fundraising through the placement of 100 million new shares at $0.06 each, with significant investments from its largest shareholder Tribeca and company directors. The funds will be channeled into accelerating the exploration and development of the Dante Project in Western Australia, targeting a unique copper-platinum group element sulphide discovery. This investment reflects strong market confidence in the project’s potential, marked by a new discovery that spans an impressive 42km strike.
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