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Podium Minerals Secures A$2.6M to Accelerate Parks Reef Development
8:37am on Tuesday 24th of June, 2025 AEST
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Mining
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Podium Minerals Secures A$2.6M to Accelerate Parks Reef Development
8:37am on Tuesday 24th of June, 2025 AEST
Key Points
Entitlement offer raised ~A$2.6 million, oversubscribed by 70%
Strong participation from existing shareholders holding ~40% of shares
Funds allocated to metallurgical test work and tenement maintenance
Focus on improving flotation performance and concentrate grade
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Podium Minerals (ASX:POD)
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