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Conico Raises $1.4M to Accelerate Mt Thirsty Drilling and Settle Legal Dispute

9:48am on Thursday 4th of September, 2025 AEST Mining
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Conico Raises $1.4M to Accelerate Mt Thirsty Drilling and Settle Legal Dispute

9:48am on Thursday 4th of September, 2025 AEST
Key Points
  • Raised $1.395 million via converting loans for exploration and legal settlements
  • Planning a 3-for-5 entitlement offer to raise approximately $1.23 million
  • Share consolidation (1-for-8) and securities issues to be voted on 13 October
  • Drilling program at Mt Thirsty JV targeting high-grade scandium zones set for October
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