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Dreadnought Raises $18M to Accelerate Gold Drilling in Yilgarn
9:53am on Friday 10th of October, 2025 AEDT
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Mining
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Dreadnought Raises $18M to Accelerate Gold Drilling in Yilgarn
9:53am on Friday 10th of October, 2025 AEDT
Key Points
Placement raised approximately $18 million at $0.035 per share
Directors to invest an additional $0.6 million, subject to approval
Black Cat Syndicate maintains stake through pro-rata participation
Funds earmarked for drilling at Star of Mangaroon and critical minerals exploration
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Dreadnought Resources (ASX:DRE)
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