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Eagle Mountain Advances Oracle Ridge JV with $1.66M Capital Raise

8:42am on Thursday 29th of January, 2026 AEDT Mining
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Eagle Mountain Advances Oracle Ridge JV with $1.66M Capital Raise

8:42am on Thursday 29th of January, 2026 AEDT
Key Points
  • Option agreement signed to re-acquire Oracle Ridge mine infrastructure
  • Loan renegotiation reduces debt burden with Vincere Resource Holdings
  • Non-binding indicative offer from Nittetsu Mining for 80% JV stake
  • Placement raises $1.66 million from sophisticated investors
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