Miramar Resources Secures Funding for Exploration
Company Announcements

Miramar Resources Secures Funding for Exploration

Miramar Resources Limited (AU:M2R) has released an update.

Miramar Resources Limited successfully raised $1.58 million through a rights issue for funding exploration programs at their 100%-owned Bangemall Ni-Cu-Co-PGE projects and other ventures. The company also received an allocation of up to $450,000 in JMEI credits from the ATO, benefiting eligible Australian resident shareholders with tax offsets. With new funds, Miramar is gearing up for a maiden drilling program anticipated to start in late August.

For further insights into AU:M2R stock, check out TipRanks’ Stock Analysis page.

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