Argonaut Resources’ share purchase plan closes early and oversubscribed
Argonaut Resources NL has raised funds via an SPP.
Argonaut Resources is an ASX-listed mineral exploration and development company with copper, zinc and gold projects in Australia and Zambia. The funds will be used to drill test copper targets at the company’s 100%-held Murdie Project in South Australia, to complete a scoping economic study of the Nyungu copper-cobalt deposit at Lumwana West in Northwestern Zambia and for working capital.
Oaklins’ team in Australia acted as lead manager in this transaction.
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