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Mindax Raises $7.75M, Stakes in Doublebell and Cashmere Iron Boost Mid-West Ambitions
4:16am on Monday 2nd of June, 2025 AEST
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Mining
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Mindax Raises $7.75M, Stakes in Doublebell and Cashmere Iron Boost Mid-West Ambitions
4:16am on Monday 2nd of June, 2025 AEST
Key Points
Raised $7.75 million via placement of over 221 million shares
Acquired 4.1% stake in Doublebell Resource Wealth with gold and kaolin assets
Secured 5% strategic investment in Cashmere Iron adjacent to Mt Forrest project
Ongoing development and partner discussions for Mt Forrest Iron Project and Mid-West Shared Infrastructure Project
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