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ITech Minerals LTD ( (AU:ITM) ) has provided an update.
iTech Minerals Ltd has successfully concluded its Share Purchase Plan (SPP), raising $1.4 million, surpassing the initial target of $1 million. This funding, along with a recent $2 million placement, will support drilling and exploration activities at the company’s gold and antimony prospects in the Northern Territory, enhancing its operational capabilities and project development.
More about ITech Minerals LTD
iTech Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets gold and antimony prospects, with a market focus on advancing its projects in the Northern Territory of Australia.
Average Trading Volume: 1,372,079
Technical Sentiment Signal: Hold
Learn more about ITM stock on TipRanks’ Stock Analysis page.