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Eagle Eye Pumps $24.5m into Canyon Resources to Fast-Track Minim Martap
2:15am on Monday 2nd of June, 2025 AEST
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Mining
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Eagle Eye Pumps $24.5m into Canyon Resources to Fast-Track Minim Martap
2:15am on Monday 2nd of June, 2025 AEST
Key Points
Eagle Eye exercises 350 million options at $0.07 each, injecting $24.5m
Eagle Eye’s stake rises to 54.7%, reinforcing majority control
Funds earmarked for Definitive Feasibility Study and predevelopment work
Mining licence and infrastructure contracts triggered option exercise
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Canyon Resources (ASX:CAY)
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