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How Will Black Rock’s A$10M Raise Accelerate Mahenge Graphite Project?

9:29am on Tuesday 2nd of September, 2025 AEST Mining
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How Will Black Rock’s A$10M Raise Accelerate Mahenge Graphite Project?

9:29am on Tuesday 2nd of September, 2025 AEST
Key Points
  • A$10 million placement at A$0.021 per share secured
  • Share Purchase Plan targeting up to A$2 million to launch mid-September
  • Funds earmarked for early works and construction at Mahenge Graphite Project
  • Option offer proposed, subject to shareholder approval, exercisable at A$0.03
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