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How Will 29Metals’ $150M Raise Navigate Seismic Disruptions and Restart Plans?
9:40am on Tuesday 20th of January, 2026 AEDT
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Mining
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How Will 29Metals’ $150M Raise Navigate Seismic Disruptions and Restart Plans?
9:40am on Tuesday 20th of January, 2026 AEDT
Key Points
Fully underwritten $150 million accelerated entitlement offer at $0.40 per share
Production at Golden Grove impacted by seismic events at Xantho Extended in 2025
Capricorn Copper operations remain suspended pending regulatory approvals and water management
Growth projects include Gossan Valley development and Capricorn Copper restart feasibility study
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