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Peel Mining’s $21M Raise and New Leadership Signal Bold Cobar Basin Strategy

9:17am on Tuesday 28th of October, 2025 AEDT Mining
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Peel Mining’s $21M Raise and New Leadership Signal Bold Cobar Basin Strategy

9:17am on Tuesday 28th of October, 2025 AEDT
Key Points
  • Completed $16.25 million placement and $5 million Share Purchase Plan
  • New CEO Nick Woolrych and Chairman Ronnie Beevor appointed
  • Exploration drilling commenced at Nombinnie Prospect
  • Strategic shift from standalone processing to regional consolidation
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