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Maronan Metals Secures $16M to Advance Australia’s Next Silver Mine
9:56am on Wednesday 8th of October, 2025 AEDT
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Mining
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Maronan Metals Secures $16M to Advance Australia’s Next Silver Mine
9:56am on Wednesday 8th of October, 2025 AEDT
Key Points
Institutional placement raises $16 million at $0.35 per share
Strong demand from new and existing investors signals confidence
Share Purchase Plan offers eligible shareholders up to $3 million
Funds earmarked for drilling, feasibility studies, and early development
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Maronan Metals (ASX:MMA)
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