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Many Peaks Raises A$13.5M to Accelerate Ferke Exploration and Boosts Director Pay
8:46am on Wednesday 16th of July, 2025 AEST
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Mining
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Many Peaks Raises A$13.5M to Accelerate Ferke Exploration and Boosts Director Pay
8:46am on Wednesday 16th of July, 2025 AEST
Key Points
A$13.5 million raised via private placement at A$0.72 per share
Placement price set at 5% premium to 15-day VWAP
Funds allocated for Mineral Resource Estimate and Ferke South exploration
Director fees increased effective August 2025
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