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