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Litchfield Minerals Secures $500K Placement, Eyes $1M SPP for Drilling Push

10:51am on Monday 11th of August, 2025 AEST Mining
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Litchfield Minerals Secures $500K Placement, Eyes $1M SPP for Drilling Push

10:51am on Monday 11th of August, 2025 AEST
Key Points
  • Raised $500,000 via placement at $0.10 per share with free attaching options
  • Plans Security Purchase Plan to raise up to $1 million on same terms
  • Board and management subscribed $105,000, showing strong insider confidence
  • Funds earmarked for end-of-year drilling campaigns and working capital
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