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Midas Minerals Secures $28M to Accelerate Otavi Copper-Silver-Gold Exploration

9:32am on Thursday 16th of April, 2026 AEST Mining
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Midas Minerals Secures $28M to Accelerate Otavi Copper-Silver-Gold Exploration

9:32am on Thursday 16th of April, 2026 AEST
Key Points
  • Placement raises $28 million at $0.75 per share
  • Funds to expand drilling and initiate feasibility work at Otavi
  • Diamond and RC drilling ongoing at T-13 and Spaatzu deposits
  • Post-raise cash balance expected around $33 million
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