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True North Copper Raises A$20 Million to Complete Mt Oxide Payment and Accelerate Growth
9:30am on Monday 17th of August, 2026 AEST
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Mining
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True North Copper Raises A$20 Million to Complete Mt Oxide Payment and Accelerate Growth
9:30am on Monday 17th of August, 2026 AEST
Key Points
A$18 million placement upsized from A$15 million at $0.37 per share
Share Purchase Plan to raise up to A$2 million at placement price
Funds to complete A$7.5 million Mt Oxide deferred payment
Capital to support Aquila drilling and Cloncurry PFS targeted for Q4 2026
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True North Copper (ASX:TNC)
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