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How Will Aruma’s $3.5M Placement Accelerate Copper and Mineral Sands Exploration?

9:51am on Wednesday 15th of October, 2025 AEDT Mining
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How Will Aruma’s $3.5M Placement Accelerate Copper and Mineral Sands Exploration?

9:51am on Wednesday 15th of October, 2025 AEDT
Key Points
  • Placement raises $3.515 million at $0.009 per share with free attaching options
  • Funds to support exploration at Fiery Creek, Saltwater, Wilan, and Bortala projects
  • Directors participate with $115,000 subscription subject to shareholder approval
  • Placement completed in two tranches, second tranche conditional on shareholder vote
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