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Adelong Gold Raises $1.17M to Boost NSW Gold and Brazilian Lithium Projects

5:21pm on Sunday 1st of June, 2025 AEST Mining
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Adelong Gold Raises $1.17M to Boost NSW Gold and Brazilian Lithium Projects

5:21pm on Sunday 1st of June, 2025 AEST
Key Points
  • Raised $1.173 million via single-tranche placement at $0.0042 per share
  • Includes 1:2 free attaching options exercisable at $0.008, pending shareholder approval
  • Funds allocated to exploration drilling, project development, and working capital
  • Chairman Mena Habib participates with $25,000 investment
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