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How Andromeda Metals’ $5M Placement Fuels Great White and HPA Ambitions
2:46am on Monday 2nd of June, 2025 AEST
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How Andromeda Metals’ $5M Placement Fuels Great White and HPA Ambitions
2:46am on Monday 2nd of June, 2025 AEST
Key Points
Raised $5 million via placement at $0.013 per share, a 23.5% discount
Strong demand from new institutional investors led to scaled-back applications
Funds earmarked for early works on Great White Project and HPA project development
Shareholders to vote on attaching options exercisable at $0.0195, potentially raising $5.6 million
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ANDROMEDA METALS (ASX:ADN)
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