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How Will Paterson’s A$2m Raise Propel the Grace Project Forward?

9:23am on Wednesday 13th of August, 2025 AEST Mining
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How Will Paterson’s A$2m Raise Propel the Grace Project Forward?

9:23am on Wednesday 13th of August, 2025 AEST
Key Points
  • A$0.91m placement at 1.8c per share with 1 free option per share
  • Non-renounceable entitlement offer to raise A$1.09m on same terms
  • Director Matthew Bull commits A$400,000 subject to shareholder approval
  • Funds to support drilling, resource upgrade, mining licence application, and scoping study
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