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How Will S2 Resources’ A$3.5M Raise Unlock Its Australian Exploration Potential?

9:22am on Tuesday 10th of June, 2025 AEST Mining
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How Will S2 Resources’ A$3.5M Raise Unlock Its Australian Exploration Potential?

9:22am on Tuesday 10th of June, 2025 AEST
Key Points
  • A$3 million placement to institutional and sophisticated investors
  • A$0.5 million non-underwritten share purchase plan for retail shareholders
  • Funds allocated to exploration at Glenlogan, Warraweena, West Murchison, Jillewarra, and Fosterville
  • Placement shares priced at A$0.072 with free attaching options exercisable at A$0.11
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