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Advance Metals Launches Myrtleford Drilling Backed by $1.52M Capital Raise
9:14am on Monday 2nd of June, 2025 AEST
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Mining
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Advance Metals Launches Myrtleford Drilling Backed by $1.52M Capital Raise
9:14am on Monday 2nd of June, 2025 AEST
Key Points
Successful $1.52 million placement to institutional and sophisticated investors
Diamond drilling program initiated at Happy Valley and Twist Creek Trends, Myrtleford Project
Placement shares issued at $0.044 with attaching options subject to shareholder approval
Funds also allocated for drilling at Yoquivo Silver Project in Mexico and general working capital
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