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An update from Greentech Metals Ltd. ( (AU:GRE) ) is now available.
GreenTech Metals Ltd. has successfully secured $5.2 million through a placement to fund the Munni Munni Platinum-Palladium-Copper-Nickel Project, surpassing the initial target of $4 million. This funding will enable immediate commencement of work programs, including a drill campaign, and satisfies a condition for acquiring a significant stake in the project. The appointment of experienced geologist Stefan Murphy as Non-Executive Director and Dr. Kevin Frost as Technical Adviser is expected to accelerate exploration and development activities, enhancing the company’s strategic positioning in the market.
More about Greentech Metals Ltd.
GreenTech Metals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in projects involving platinum, palladium, copper, and nickel, with a strategic emphasis on the Munni Munni Project in Western Australia.
Average Trading Volume: 167,266
Technical Sentiment Signal: Hold
Current Market Cap: A$8.05M
For an in-depth examination of GRE stock, go to TipRanks’ Overview page.