Mithril Resources Ltd (AU:MTH) has released an update.
Mithril Resources Ltd has successfully completed a capital raise of A$3.7 million, with a significant A$2 million investment from the Jupiter Gold and Silver Fund. This funding will enable the company to extend its drilling program in the Copalquin district in Mexico, with the goal of doubling the high-grade resource at the Target 1 area by Q1 2025. Additionally, Mithril is progressing with its application to be dual-listed on the Toronto Venture Exchange, anticipated to be completed in August 2024.
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