Stellar Resources Limited (AU:SRZ) has released an update.
Stellar Resources Limited has announced significant milestones in advancing their Heemskirk Tin Project, with the initiation of a robust drilling program to upgrade resources and preparations for a Pre-Feasibility Study. In addition, the company has fortified its financial position through a successful $10 million capital raise, supported by two major institutional investors, to propel the highest-grade undeveloped tin resource in Australia towards development. The positive developments come amid a favorable market environment where tin prices have witnessed a notable increase over the quarter.
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