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Paterson Resources Kicks Off $2M Raise to Power Grace Project Drilling

8:25am on Friday 26th of September, 2025 AEST Mining
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Paterson Resources Kicks Off $2M Raise to Power Grace Project Drilling

8:25am on Friday 26th of September, 2025 AEST
Key Points
  • Non-renounceable pro-rata entitlement offer – 1 new share per 8 held
  • Issue price set at $0.018 per new share with one free attaching option each
  • Placement to sophisticated investors raising approximately $910,000
  • Funds allocated to 8,500m drilling program, scoping study, and mining lease application
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