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Power Minerals Secures A$1.7M Strategic Stake to Accelerate Morro do Ferro Drilling
9:21am on Thursday 18th of June, 2026 AEST
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Mining
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Power Minerals Secures A$1.7M Strategic Stake to Accelerate Morro do Ferro Drilling
9:21am on Thursday 18th of June, 2026 AEST
Key Points
A$1.7 million equity placement at A$0.145 per share
11.7 million new shares issued with 5.8 million free options attached
Funds to fast-track maiden diamond drilling and metallurgy tests
Investment follows recent A$10.25 million capital raise
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