The Placement was strongly supported by existing and new domestic and international investors. Share placement funds will be used to:
Pursuing IX process optimization for incorporation into an Enhanced Feasibility Study
Fund ongoing exploration activities meeting tenement commitments
Recruit additional technical and mining experts as and when required
Fund the acquisition of long lead items for a restart of mining at Honeymoon
Assess and execute where appropriate, value accretive M&A opportunities
General corporate and administration purposes.
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