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How Will Andromeda Metals’ $5M Raise Fuel the Great White Project?
12:01pm on Friday 27th of June, 2025 AEST
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How Will Andromeda Metals’ $5M Raise Fuel the Great White Project?
12:01pm on Friday 27th of June, 2025 AEST
Key Points
Placement of approximately 385 million new shares raising $5 million before expenses
Issuance of approximately 288 million Placement Options exercisable at $0.0195, subject to shareholder approval
5 million Broker Options issued to Joint Lead Managers as part of fees
Credit-approved $75 million debt facility under negotiation to support project financing
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Andromeda Metals (ASX:ADN)
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