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Black Rock Mining Surges Past A$4m in Oversubscribed Share Plan

8:33am on Friday 24th of October, 2025 AEDT Mining
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Black Rock Mining Surges Past A$4m in Oversubscribed Share Plan

8:33am on Friday 24th of October, 2025 AEDT
Key Points
  • SPP raised A$4 million, doubling original A$2 million target
  • Shares issued at A$0.021 with free options exercisable at A$0.03
  • Funds to accelerate early works at Mahenge Graphite Project
  • Strong retail shareholder demand led to pro-rata scale-back
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