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APC Minerals Advances Laverton Drilling, Raises $1.93M, Cuts Lake Wells Costs

5:34am on Monday 2nd of June, 2025 AEST Mining
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APC Minerals Advances Laverton Drilling, Raises $1.93M, Cuts Lake Wells Costs

5:34am on Monday 2nd of June, 2025 AEST
Key Points
  • Completion of 2,628m RC drilling at Laverton Downs with assay results pending
  • Rationalisation of Lake Wells tenements reduces annual holding costs by ~$200,000
  • Fully underwritten entitlement offer raises $1.93 million, improving liquidity
  • Settlement of $400,000 deferred consideration for Nexus Project via share issuance
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