Octava Minerals Ltd. (AU:OCT) has released an update.
Octava Minerals Ltd. successfully raised A$1 million through a placement of approximately 11.8 million shares to fund its antimony exploration and drilling programs at the Yallalong project. The placement attracted sophisticated investors, and key company directors also expressed intent to invest an additional A$150,000. The funds ensure the company is poised for the next phase of its resource development amidst growing interest in new energy metals.
For further insights into AU:OCT stock, check out TipRanks’ Stock Analysis page.