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How Will Patagonia Lithium’s $2.68M Raise Fuel Its Argentine Drilling Ambitions?

9:26am on Tuesday 29th of July, 2025 AEST Mining
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How Will Patagonia Lithium’s $2.68M Raise Fuel Its Argentine Drilling Ambitions?

9:26am on Tuesday 29th of July, 2025 AEST
Key Points
  • Fully underwritten entitlement offer to raise $2.68 million
  • Offer price set at $0.045 per new share with 1-for-2 subscription ratio
  • Funds to support drilling at Cilon concession and resource estimate update
  • Underwritten by substantial shareholders Dr Jose Manzano and Magnus Capital SA
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