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Midas Minerals Secures $11.5M to Accelerate Otavi Copper Ambitions

9:52am on Thursday 18th of September, 2025 AEST Mining
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Midas Minerals Secures $11.5M to Accelerate Otavi Copper Ambitions

9:52am on Thursday 18th of September, 2025 AEST
Key Points
  • Placement of 31 million shares at $0.37 each raising $11.5 million
  • Funds to cover Otavi Copper Project acquisition and accelerated drilling
  • 3,000m drill program underway at South Otavi with potential expansion
  • Strong institutional investor support including new and existing shareholders
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