Narryer Metals Limited (AU:NYM) has released an update.
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Narryer Metals Limited has successfully raised $1.49 million through a share placement at a discounted price, involving sophisticated and institutional investors. The company is also initiating a share purchase plan to raise an additional $500,000 from existing eligible shareholders in Australia and New Zealand. The funds will be used for exploration projects and general working capital.
For further insights into AU:NYM stock, check out TipRanks’ Stock Analysis page.