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Anova Metals Ltd. ( (AU:WA8) ) just unveiled an update.
Warriedar Resources Limited has announced a Share Purchase Plan (SPP) following a successful placement of 170 million shares, raising approximately A$17 million. The SPP allows eligible shareholders to purchase shares at A$0.10 each, aiming to raise an additional A$2 million. The funds will be used to accelerate the development of the Ricciardo deposit through extensive drilling, metallurgical tests, and engineering studies, enhancing the company’s resource inventory and exploration capabilities.
More about Anova Metals Ltd.
Warriedar Resources Limited operates in the mining industry, focusing on gold and antimony exploration and development. The company is committed to resource growth and discovery, particularly at its core Au-Sb deposit, Ricciardo, and within the broader Golden Corridor.
Average Trading Volume: 6,680,645
Technical Sentiment Signal: Buy
Current Market Cap: A$100.5M
See more data about WA8 stock on TipRanks’ Stock Analysis page.