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Mount Burgess Mining Secures $900K to Fuel Viking and Blair North Drilling

1:01pm on Thursday 16th of October, 2025 AEDT Mining
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Mount Burgess Mining Secures $900K to Fuel Viking and Blair North Drilling

1:01pm on Thursday 16th of October, 2025 AEDT
Key Points
  • Placement of 128.6 million shares at A$0.007 each
  • Raised approximately A$900,000 from sophisticated investors
  • Placement priced at a 13.5% premium to 5-day VWAP
  • Funds earmarked for working capital and exploration activities
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