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Krakatoa Raises $3.1M to Drill and Upgrade Zopkhito Resource
9:24am on Friday 12th of September, 2025 AEST
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Mining
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Krakatoa Raises $3.1M to Drill and Upgrade Zopkhito Resource
9:24am on Friday 12th of September, 2025 AEST
Key Points
Placement of 295 million shares at $0.0105 each with attaching options
Funds to support 7,000–10,000m maiden drilling program at Zopkhito
Drilling aims to convert foreign resource estimate to JORC-compliant status
Second tranche and director participation subject to shareholder approval
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