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Apollo Minerals Ltd announces completion of placement to fund copper and gold exploration at South Australian projects


Thursday, 10 Jul 2014 07:30pm EDT 

Apollo Minerals Ltd:Says that it has received firm commitments to raise A$2.2 mln before costs.Says it will place 100,000,000 new shares to sophisticated or professional investors at A$0.022 per share.Proceeds of capital raising will be used to fund further exploration at Eaglehawk and Mars Aurora Tank projects, including drilling IOCG targets in Quarter 3 calendar 2014, and for general working capital purposes.Lead manager to raising was Patersons Securities Ltd. 

Company Quote

0.018
-0.0010 -5.26%
30 Sep 2014