WA1 Resources Ltd (AU:WA1) has released an update.
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WA1 Resources Ltd has successfully secured A$60 million through a placement of new shares to fund the development of their West Arunta Project, including drilling, testwork, and permitting activities. The placement, at A$17 per share, was backed by existing shareholders and new investors, indicating confidence in the company’s potential. The capital injection aims to accelerate project development and expand exploration.
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