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G50 Corp Secures A$26.25 Million to Boost US Drilling Campaigns
9:59am on Wednesday 29th of July, 2026 AEST
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Mining
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G50 Corp Secures A$26.25 Million to Boost US Drilling Campaigns
9:59am on Wednesday 29th of July, 2026 AEST
Key Points
A$26.25 million raised via institutional placement
Hancock Prospecting commits A$7.95 million, gaining 5.4% stake
Funds earmarked for drilling and gallium test work in Arizona and Nevada
Placement priced at A$0.595 per share with mixed premium and discount metrics
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G50 (ASX:G50)
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