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Alma Metals Secures $4M Oversubscribed Placement to Boost Briggs Copper Drilling
10:25am on Wednesday 6th of May, 2026 AEST
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Mining
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Alma Metals Secures $4M Oversubscribed Placement to Boost Briggs Copper Drilling
10:25am on Wednesday 6th of May, 2026 AEST
Key Points
Oversubscribed $4 million placement at 1 cent per share
Funds to accelerate drilling and resource upgrade at Briggs
Directors participate with $318,000 pending shareholder approval
Post-placement cash and liquid assets total $8.7 million
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Alma Metals (ASX:ALM)
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