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Santana Minerals Completes A$17 Million Placement Tranche as Project Advances
8:34am on Thursday 9th of April, 2026 AEST
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Mining
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Santana Minerals Completes A$17 Million Placement Tranche as Project Advances
8:34am on Thursday 9th of April, 2026 AEST
Key Points
Second tranche placement raises A$17.04 million, completing A$130 million raise
Shareholder approval obtained for remaining tranche in March 2026
Construction planned for last quarter of 2026 with final consents underway
Use of green hydro power expected to mitigate cost pressures
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