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Medallion Metals Secures $27.5M to Fast-Track Gold-Copper Production at Ravensthorpe
2:23am on Monday 2nd of June, 2025 AEST
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Mining
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Medallion Metals Secures $27.5M to Fast-Track Gold-Copper Production at Ravensthorpe
2:23am on Monday 2nd of June, 2025 AEST
Key Points
Institutional placement raises $27.5 million with strong investor backing
Approximately $31 million cash post-raise to fund development and working capital
Scoping Study confirms low-capex, rapid pathway to gold and copper production
Proposed acquisition of Forrestania Nickel Operation to leverage existing processing plant
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MEDALLION METALS (ASX:MM8)
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