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Southern Palladium Raises A$8M to Accelerate Bengwenyama Mine Development

9:28am on Thursday 12th of June, 2025 AEST Mining
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Southern Palladium Raises A$8M to Accelerate Bengwenyama Mine Development

9:28am on Thursday 12th of June, 2025 AEST
Key Points
  • A$8 million placement via 16 million shares at A$0.50 each
  • A$4.6 million cornerstone investment from a major existing shareholder
  • Placement priced at market with a 10.5% premium to 10-day VWAP
  • Funds to advance DFS and early mine development at Bengwenyama
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