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Why Did Peel Mining’s Share Purchase Plan Attract $9.2M in Applications?

9:41am on Wednesday 22nd of October, 2025 AEDT Mining
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Why Did Peel Mining’s Share Purchase Plan Attract $9.2M in Applications?

9:41am on Wednesday 22nd of October, 2025 AEDT
Key Points
  • Share Purchase Plan applications total $9.22 million, exceeding $2.5 million target
  • Company upsizes accepted subscriptions to $5 million
  • 58.8 million new shares to be issued at $0.085 each
  • Funds earmarked for exploration, development, and working capital
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