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Auric Mining Secures $6.66M to Accelerate Gold Production and Expand Assets

1:48am on Monday 2nd of June, 2025 AEST Mining
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Auric Mining Secures $6.66M to Accelerate Gold Production and Expand Assets

1:48am on Monday 2nd of June, 2025 AEST
Key Points
  • Placement of 37 million shares at $0.18 each raising $6.66 million
  • Funds to complete acquisition of Burbanks Gold Facility and Lindsay’s Project
  • Strong backing from existing shareholders and three new mining funds
  • Plans to accelerate gold production starting early 2026
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