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Marquee Resources Secures $2.5 Million in Oversubscribed Share Placement

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Marquee Resources Secures $2.5 Million in Oversubscribed Share Placement

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An update from Marquee Resources Ltd ( (AU:MQR) ) is now available.

Marquee Resources Limited has successfully completed an oversubscribed share placement, raising over $2.5 million from sophisticated and professional investors. This capital injection, supported by high-net-worth individuals and existing shareholders, underscores confidence in Marquee’s strategic direction and its diverse project portfolio. The funds will primarily support the second phase of the RC drill program at the Mt Clement Antimony Project, ensuring the company is fully funded for this initiative.

More about Marquee Resources Ltd

Marquee Resources Limited is an Australian company operating in the mining industry, focusing on the exploration and development of mineral projects. The company has a diverse portfolio, with a significant emphasis on its Mt Clement Antimony Project.

Average Trading Volume: 3,499,348

Technical Sentiment Signal: Sell

Current Market Cap: A$7.63M

Learn more about MQR stock on TipRanks’ Stock Analysis page.

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