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How Alicanto’s $28M Raise Fuels Ambitious Mt Henry Gold Project Growth

1:52pm on Friday 30th of January, 2026 AEDT Mining
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How Alicanto’s $28M Raise Fuels Ambitious Mt Henry Gold Project Growth

1:52pm on Friday 30th of January, 2026 AEDT
Key Points
  • Acquisition of Mt Henry Gold Project from Westgold
  • Raised $28 million through two-tranche placement at 5.5c per share
  • Westgold to hold 19.9% stake post-acquisition
  • Planned 50,000m multi-rig drilling campaign for resource growth
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