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How Conico’s $2.8M Recapitalisation Fuels Scandium Ambitions at Mt Thirsty

8:10pm on Friday 30th of January, 2026 AEDT Mining
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How Conico’s $2.8M Recapitalisation Fuels Scandium Ambitions at Mt Thirsty

8:10pm on Friday 30th of January, 2026 AEDT
Key Points
  • Recapitalisation completed with $2.8 million raised through share placement and rights offer
  • Debt settled via share issues, leaving Conico debt-free and well-funded
  • Board refreshed with new Executive Chairman and technical expertise added
  • Mt Thirsty JV to launch significant drill program targeting high-grade scandium zones
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