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How Will Ballard’s $61M Placement Accelerate Mt Ida Gold Drilling?
9:16am on Friday 23rd of January, 2026 AEDT
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Mining
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How Will Ballard’s $61M Placement Accelerate Mt Ida Gold Drilling?
9:16am on Friday 23rd of January, 2026 AEDT
Key Points
Raised $61 million via placement at $0.80 per share
Funds to support 220,000 metres of drilling in 2026
Proceeds allocated to development studies and early infrastructure works
Placement strongly supported by existing and new institutional investors
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Ballard Mining (ASX:BM1)
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