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Adavale’s A$4.65 million raise puts Parkes gold on a faster development track
9:07am on Thursday 22nd of October, 2026 AEDT
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Mining
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Adavale’s A$4.65 million raise puts Parkes gold on a faster development track
9:07am on Thursday 22nd of October, 2026 AEDT
Key Points
A$4.65 million placement at A$0.03 per share
Up to 155 million new shares across two tranches
Directors and management to subscribe for A$120,000 subject to approval
Funds directed to drilling, metallurgy, geophysics and the Parkes Scoping Study
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