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Geopacific Secures A$40m to Accelerate Woodlark Gold Expansion
7:03pm on Monday 2nd of June, 2025 AEST
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Geopacific Secures A$40m to Accelerate Woodlark Gold Expansion
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
A$40 million raised through fully committed pro-rata renounceable entitlement offer
Funds to support 30,000m drilling program and updated Definitive Feasibility Study by late 2025
Woodlark Gold Project mineral resource stands at 1.67 million ounces
Substantial shareholder backing with Deutsche Balaton and Patronus Resources holding 61.8% post-offer
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Geopacific Resources (ASX:GPR)
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