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E79 Gold Mines Secures $1.8M Placement to Accelerate Laverton Drilling

9:35am on Monday 17th of February, 2025 AEDT Mining
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E79 Gold Mines Secures $1.8M Placement to Accelerate Laverton Drilling

9:35am on Monday 17th of February, 2025 AEDT
Key Points
  • Raised $1.8 million via a two-tranche placement at $0.032 per share
  • Placement demand exceeded binding commitments by over twofold
  • One free unlisted option issued per two shares, exercisable at $0.07 until June 2026
  • Funds earmarked for aircore drilling at Laverton South Gold Project and working capital
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