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Cosmo Metals Secures $1.25M to Kickstart Drilling at NSW Mona Copper Prospect
9:09am on Wednesday 2nd of September, 2026 AEST
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Mining
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Cosmo Metals Secures $1.25M to Kickstart Drilling at NSW Mona Copper Prospect
9:09am on Wednesday 2nd of September, 2026 AEST
Key Points
Two-tranche placement raises $1.25 million at $0.0035 per share
Major shareholder Great Boulder and MD Ian Prentice anchor the raise
Funds to support maiden drilling at Mona VMS copper-gold-silver prospect
Placement shares offered at a 30-44% discount to recent prices
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