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Ragusa Minerals Raises $427K with Discounted Shares and Free Options

8:41am on Friday 27th of June, 2025 AEST Mining
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Ragusa Minerals Raises $427K with Discounted Shares and Free Options

8:41am on Friday 27th of June, 2025 AEST
Key Points
  • Placement of 35.6 million shares at $0.012 each, a 14.4% discount to VWAP
  • Raising $427,200 to fund potential acquisitions and working capital
  • One free attaching option for every three shares, exercisable at $0.03 in three years
  • Placement targets sophisticated and professional investors under ASX rules
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