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Petratherm Ltd ( (AU:PTR) ) has provided an update.
PTR Minerals Ltd has successfully raised $12 million through a placement of new shares, supported by both existing and new institutional investors. The funds will be used to advance the Rosewood Titanium Project and further exploration at the Muckanippie Heavy Mineral Project, enhancing the company’s exploration and development capabilities.
More about Petratherm Ltd
PTR Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral projects. Its primary focus is on titanium and heavy mineral projects, with significant efforts directed towards the Rosewood Titanium Project and the Muckanippie Heavy Mineral Project.
Average Trading Volume: 265,862
Technical Sentiment Signal: Buy
Current Market Cap: A$91.85M
Find detailed analytics on PTR stock on TipRanks’ Stock Analysis page.