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How Genmin’s A$25.7M Raise and SHICO Deal Could Transform Baniaka Project
8:29am on Friday 30th of January, 2026 AEDT
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Mining
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How Genmin’s A$25.7M Raise and SHICO Deal Could Transform Baniaka Project
8:29am on Friday 30th of January, 2026 AEDT
Key Points
A$25.7 million two-tranche placement completed, debt-free balance sheet
Non-binding LOI with SHICO for ~60% Baniaka project funding
Greg Lilleyman appointed Executive Chair to drive financing and partnerships
Baniaka Pre-Feasibility Study Addendum progressing with updated cost models
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