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Koba Resources Raises $1.7M to Accelerate Yarramba Uranium Exploration

1:59am on Monday 2nd of June, 2025 AEST Mining
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Koba Resources Raises $1.7M to Accelerate Yarramba Uranium Exploration

1:59am on Monday 2nd of June, 2025 AEST
Key Points
  • Placement to raise $600,000 at $0.036 per share with free-attaching options
  • Non-renounceable entitlement issue targeting up to $1.1 million
  • Funds earmarked primarily for Phase 2 drilling at Yarramba Uranium Project
  • Initial drilling revealed three high-grade uranium discoveries with open mineralisation
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