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How Will AKORA’s $2.91M Raise Accelerate Bekisopa Iron Ore Development?

10:22am on Tuesday 5th of August, 2025 AEST Mining
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How Will AKORA’s $2.91M Raise Accelerate Bekisopa Iron Ore Development?

10:22am on Tuesday 5th of August, 2025 AEST
Key Points
  • Equity raising of approximately $2.91 million via placement and 1-for-6 entitlement offer
  • Funds allocated to feasibility study, environmental assessments, and mining licence progression
  • Placement shares priced at 8.5 cents, representing a 20.5% discount to VWAP
  • Strategic investor engagement and community initiatives supported by the raise
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