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Tesoro secures funding to accelerate El Zorro towards development
9:27am on Thursday 29th of October, 2026 AEDT
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Mining
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Tesoro secures funding to accelerate El Zorro towards development
9:27am on Thursday 29th of October, 2026 AEDT
Key Points
A$40 million placement at A$0.73 per share
Funding directed to Ternera development, permitting and exploration
Definitive Feasibility Study remains targeted for completion by year end
Effective El Zorro ownership to rise to 95.4%, subject to approvals
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