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Askari Metals Launches $1.5M Rights Issue to Accelerate Ethiopian Gold-Copper Exploration
9:45am on Friday 3rd of October, 2025 AEST
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Mining
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Askari Metals Launches $1.5M Rights Issue to Accelerate Ethiopian Gold-Copper Exploration
9:45am on Friday 3rd of October, 2025 AEST
Key Points
Non-renounceable entitlement offer to raise ~$1.5 million at $0.01 per share
Funds directed to initial reconnaissance and maiden drilling at Nejo Gold and Copper Project
Executive Director Gino D’Anna to fully subscribe, signaling strong confidence
Nejo project located on prolific Arabian-Nubian Shield with high-grade gold and copper targets
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Askari Metals (ASX:AS2)
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