middle.news

Western Mines Raises $2.7 Million to Accelerate Mulga Tank Exploration

3:15pm on Thursday 6th of August, 2026 AEST Mining
Read Story

Western Mines Raises $2.7 Million to Accelerate Mulga Tank Exploration

3:15pm on Thursday 6th of August, 2026 AEST
Key Points
  • Raised approximately A$2.7 million via placement at $0.163 per share
  • Issued 16.57 million shares with 200,000 shares pending November meeting
  • Funds earmarked for seismic survey, RC and diamond drilling, assays, and scoping study
  • Placement shares issued to institutional and sophisticated investors under Section 708A
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Western Mines (ASX:WMG)
OPEN ARTICLE