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How Did Coda Minerals Secure $8.3M to Fast-Track Elizabeth Creek Drilling?
9:13am on Wednesday 22nd of October, 2025 AEDT
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Mining
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How Did Coda Minerals Secure $8.3M to Fast-Track Elizabeth Creek Drilling?
9:13am on Wednesday 22nd of October, 2025 AEDT
Key Points
Entitlement offer oversubscribed, raising $8.3 million fully underwritten
Applications exceeded $11.6 million from approximately 950 shareholders
Funds to advance pre-feasibility studies and drilling at Elizabeth Creek
Company to hold approximately $9.8 million cash post-offer
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