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West Cobar Metals Raises $1.25M to Accelerate Gold and Critical Minerals Drilling

8:23pm on Friday 29th of August, 2025 AEST Mining
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West Cobar Metals Raises $1.25M to Accelerate Gold and Critical Minerals Drilling

8:23pm on Friday 29th of August, 2025 AEST
Key Points
  • Placement of 73.5 million shares at $0.017 each, raising $1.25 million
  • Two-tranche issuance with second tranche and options subject to shareholder approval
  • Funds earmarked for gold drilling at Mystique and testwork at Salazar Critical Minerals Project
  • Lead managed by Xcel Capital with associated fees and options
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