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Black Bear Minerals Raises $12.5M to Accelerate Shafter Silver Drilling

9:45am on Friday 28th of August, 2026 AEST Mining
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Black Bear Minerals Raises $12.5M to Accelerate Shafter Silver Drilling

9:45am on Friday 28th of August, 2026 AEST
Key Points
  • Placement raises $12.5 million at $0.55 per share
  • Executive Chair Matthew Hayes to invest $500,000 subject to approval
  • Funds earmarked for underground drilling and JORC resource conversion
  • Shafter hosts a high-grade foreign silver resource estimate
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