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Polymetals Raises $15M to Accelerate Endeavor Mine Production Ramp-Up

8:40am on Monday 14th of July, 2025 AEST Mining
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Polymetals Raises $15M to Accelerate Endeavor Mine Production Ramp-Up

8:40am on Monday 14th of July, 2025 AEST
Key Points
  • Raised $15 million through issuance of 18.75 million shares at $0.80 each
  • Net proceeds of $14.97 million after settlement costs
  • Funds used to replace undrawn US$10 million debt facility
  • Total shares on issue increased to 267.8 million
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