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Impact Minerals Limited ( (AU:IPT) ) has issued an announcement.
Impact Minerals Limited has successfully raised $881,000 through a rights issue and finalized the sale of its Blackridge project in Queensland for $350,000, retaining a 1% net smelter royalty on future gold production. The company is now well-funded to advance its Lake Hope HPA project and commence a drill program at the Arkun project, supported by a government grant, indicating strong strategic positioning and growth potential in its mineral exploration endeavors.
More about Impact Minerals Limited
Impact Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in projects related to high purity alumina (HPA) and gold production, with a market focus on strategic mineral resources.
YTD Price Performance: -9.09%
Technical Sentiment Signal: Sell
Current Market Cap: A$22.22M
See more data about IPT stock on TipRanks’ Stock Analysis page.