North Stawell Minerals Raises $1.3M for Gold Exploration

North Stawell Minerals, Ltd. (AU:NSM) has released an update.

North Stawell Minerals Ltd has successfully completed its entitlement offer shortfall bookbuild, raising approximately $1.3 million. This fundraising effort, supported by Henslow Pty Ltd, involved the allocation of over 52 million shares at $0.01 each to sophisticated and professional investors. The funds will be used to further the company’s gold exploration activities in the promising Stawell Mineralised Corridor in Victoria.

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