Venture Minerals Limited (AU:VMS) has released an update.
Venture Minerals Limited has strategically refocused, appointing Philippa Leggat as Managing Director, Tim Lindley as Non-Executive Chairman, and Nick Cernotta as Non-Executive Director, while prioritizing their Jupiter rare earth project in Western Australia. The company solidified ownership of Jupiter and the Brothers Project and confirmed the project’s potential through a successful $6 million capital raise supported by key investors. Additionally, the sale of the Riley Iron Ore Mine has bolstered Venture Minerals’ cash reserves by $3 million.
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