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$5M Placement Fuels Yugo Metals’ Balkan Drilling Push

8:38am on Tuesday 2nd of June, 2026 AEST Mining
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$5M Placement Fuels Yugo Metals’ Balkan Drilling Push

8:38am on Tuesday 2nd of June, 2026 AEST
Key Points
  • Strong $5M placement oversubscribed at $0.096 per share
  • Funds to accelerate drilling at Sinjakovo, Sockovac, and Cajnice projects
  • Placement backed by existing and new institutional investors
  • Total funding now around $7M to support exploration through 2027
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