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Desert Metals Raises $416K, Prepares for $834K Shareholder Vote

10:11am on Monday 15th of December, 2025 AEDT Mining
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Desert Metals Raises $416K, Prepares for $834K Shareholder Vote

10:11am on Monday 15th of December, 2025 AEDT
Key Points
  • 64 million shares issued at $0.0065 each raising $416,000
  • Shares issued under existing placement capacity (Listing Rule 7.1)
  • Shareholder meeting scheduled for January 2026 to approve second tranche
  • Second tranche aims to raise $834,000 via 128 million shares
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