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Advance Metals Launches Myrtleford Drilling Backed by $1.52M Capital Raise

9:50am on Monday 10th of February, 2025 AEDT Mining
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Advance Metals Launches Myrtleford Drilling Backed by $1.52M Capital Raise

9:50am on Monday 10th of February, 2025 AEDT
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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