middle.news
Tolu Minerals Raises A$27.25M to Accelerate PNG Gold Exploration and Mine Upgrade
4:55am on Monday 2nd of June, 2025 AEST
•
Mining
Read Story
Tolu Minerals Raises A$27.25M to Accelerate PNG Gold Exploration and Mine Upgrade
4:55am on Monday 2nd of June, 2025 AEST
Key Points
A$27.25 million placement at A$0.80 per share secured
Funds allocated for exploration, mine infrastructure refurbishment, and working capital
Strong demand from domestic and international institutional investors
Appointment of Dr Chris Muller to lead exploration strategy
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
TOK
OPEN ARTICLE