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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 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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