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Mount Hope Mining Secures $2.48M to Boost Gold Drilling in Cobar Basin
10:41am on Wednesday 29th of October, 2025 AEDT
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Mining
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Mount Hope Mining Secures $2.48M to Boost Gold Drilling in Cobar Basin
10:41am on Wednesday 29th of October, 2025 AEDT
Key Points
Placement raised $1.23 million at $0.20 per share, oversubscribed
Share Purchase Plan (SPP) launched to raise up to $1.25 million
Funds to accelerate drilling at Mt Solitary and 7.5km gold corridor
SPP pricing below ASX 80% VWAP threshold, subject to regulatory approval
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Mount Hope Mining (ASX:MHM)
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