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Taiton Resources Raises $2M to Drill Promising South Australian Projects
9:13am on Thursday 2nd of October, 2025 AEST
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Mining
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Taiton Resources Raises $2M to Drill Promising South Australian Projects
9:13am on Thursday 2nd of October, 2025 AEST
Key Points
Placement of 33.4 million shares at $0.06 each to raise $2 million
Free options issued on a 3-for-1 basis, exercisable at $0.15 by end 2027
Shareholder loan of $210,000 to convert into shares, subject to approval
Funds earmarked for drilling at Challenger West and Highway projects
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