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$2 Million Placement to Accelerate Grass Patch and Selectro Process Development
9:58am on Friday 4th of September, 2026 AEST
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Mining
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$2 Million Placement to Accelerate Grass Patch and Selectro Process Development
9:58am on Friday 4th of September, 2026 AEST
Key Points
Oversubscribed $2 million placement at $0.033 per share
Directors committed to $100,000 subscription subject to approval
Funds target flotation, bulk metallurgical testwork, and scoping studies
Selectro™ Process optimisation and resource definition to be accelerated
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Mount Ridley Mines (ASX:MRD)
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