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Santana Minerals Completes A$17 Million Placement Tranche as Project Advances

8:34am on Thursday 9th of April, 2026 AEST 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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