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Western Mines Raises $2.74m with Lowell Resources as New Largest Shareholder

10:08am on Wednesday 29th of July, 2026 AEST Mining
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Western Mines Raises $2.74m with Lowell Resources as New Largest Shareholder

10:08am on Wednesday 29th of July, 2026 AEST
Key Points
  • Raised $2.74 million via 16.8 million shares at $0.163 each
  • Lowell Resources Fund becomes largest shareholder with over 10% stake
  • Equity swap deal includes 499,002 Lowell units valued at $1 million
  • Proceeds earmarked for Mulga Tank exploration and scoping study
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