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Podium Minerals Launches $7M Underwritten Entitlement Offer to Propel Parks Reef

8:30am on Friday 10th of October, 2025 AEDT Mining
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Podium Minerals Launches $7M Underwritten Entitlement Offer to Propel Parks Reef

8:30am on Friday 10th of October, 2025 AEDT
Key Points
  • Fully underwritten pro-rata entitlement offer to raise ~$7 million
  • Issue price set at 6.4 cents per new share, one new share per eight held
  • Funds to advance pilot plant testing of breakthrough concentrator flowsheet
  • Capital to support diamond drilling, resource updates, and corporate development
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