Saturn Metals Ltd. (AU:STN) has released an update.
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Saturn Metals Limited has secured $14 million through a share placement to fund the advancement of its Apollo Hill Gold Project, including a pre-feasibility study, drilling for resource extension, and project development activities. The placement, which was oversubscribed by existing shareholders and institutional investors, positions the company to unlock the project’s full value potential. The funds will also cover permitting for the pilot phase, exploration, and corporate costs.
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