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Omnia Metals Group Ltd ( (AU:OM1) ) has issued an announcement.
Omnia Metals Group Ltd has completed the second and final tranche of its previously announced placement, issuing 25 million new shares at $0.02 each to raise $0.5 million before costs and a total of 72,666,667 listed options, including those issued to the lead manager. With Tranche 2 now issued following shareholder approval at a recent general meeting, the company’s $1.58 million capital raising is fully complete, providing funding to advance exploration across its projects, evaluate further acquisition opportunities, and support general working capital needs, thereby strengthening its financial position for ongoing growth initiatives.
More about Omnia Metals Group Ltd
Omnia Metals Group Ltd is an ASX-listed resources company focused on minerals exploration, advancing a portfolio of projects and assessing potential acquisition opportunities within the mining and exploration sector.
Average Trading Volume: 2,496,978
Technical Sentiment Signal: Sell
See more data about OM1 stock on TipRanks’ Stock Analysis page.