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Asara Resources Secures $25M to Boost Kada Gold Exploration in Guinea

9:26am on Monday 28th of July, 2025 AEST Mining
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Asara Resources Secures $25M to Boost Kada Gold Exploration in Guinea

9:26am on Monday 28th of July, 2025 AEST
Key Points
  • Raised $25 million via two-tranche institutional placement at $0.05 per share
  • Strong demand from existing and new Australian and international investors
  • Funds targeted for expanded drilling and exploration at Kada Gold Project
  • Second tranche subject to shareholder approval at mid-September EGM
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