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How Zenith’s A$7.65m Placement Could Unlock New Gold Discoveries

10:21am on Thursday 25th of September, 2025 AEST Mining
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How Zenith’s A$7.65m Placement Could Unlock New Gold Discoveries

10:21am on Thursday 25th of September, 2025 AEST
Key Points
  • A$7.65 million placement at A$0.1275 per share, a 15.9% premium
  • Ida Metal Investments to hold 10.18% stake post-placement
  • Funds earmarked for accelerated drilling at Dulcie and Red Mountain projects
  • Shareholder approval required at mid-November extraordinary general meeting
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