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Genmin Raises A$1.32M to Fuel Gabon Iron Ore Ambitions

10:32am on Monday 24th of November, 2025 AEDT Mining
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Genmin Raises A$1.32M to Fuel Gabon Iron Ore Ambitions

10:32am on Monday 24th of November, 2025 AEDT
Key Points
  • Tranche 1 placement raised A$1.32 million at A$0.01 per share
  • 131.9 million new shares issued to institutional and professional investors
  • Tranche 2 placement pending shareholder approval in December 2025
  • Baniaka project holds 20-year mining permit and environmental approval
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