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Desert Metals Raises $1.25M to Fuel West African Gold Ambitions
8:26am on Tuesday 27th of January, 2026 AEDT
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Mining
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Desert Metals Raises $1.25M to Fuel West African Gold Ambitions
8:26am on Tuesday 27th of January, 2026 AEDT
Key Points
Raised $1.25 million via placement of 192.3 million shares
Second tranche completed with 128.3 million shares at $0.0065 each
Issued 45 million options to CPS Capital Group as broker fees
Placement approved at January 2026 general meeting
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