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Midas Minerals Secures $6.5M to Accelerate Otavi Copper Ambitions

2:09am on Monday 2nd of June, 2025 AEST Mining
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Midas Minerals Secures $6.5M to Accelerate Otavi Copper Ambitions

2:09am on Monday 2nd of June, 2025 AEST
Key Points
  • Placement raised $6.5 million at $0.15 per share
  • Strong support from existing shareholders and directors
  • Funds earmarked for Otavi Project acquisition and exploration
  • Placement structured in two tranches, second tranche subject to shareholder approval
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