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Altitude Minerals Raises $500K to Unlock Heavy Mineral Sands Potential

3:31pm on Wednesday 13th of August, 2025 AEST Mining
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Altitude Minerals Raises $500K to Unlock Heavy Mineral Sands Potential

3:31pm on Wednesday 13th of August, 2025 AEST
Key Points
  • Completed $500,000 capital raise via entitlement offer shortfall and placement
  • Funds allocated for air-core drilling and exploration of heavy mineral sands
  • Issued 29.4 million shares and 14.7 million attaching options to investors
  • Drilling permit approval and heritage survey expected by late August
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