WSI 4.35% 12.0¢ weststar industrial limited

News: Antares Mining raising funds to progress exploration of South Australian licences

  1. Antares Mining (ASX:AWW), formerly Caravel Energy, is raising up to $650,000 to continue its investigation into exploration options for its Olympic Dam Licences in South Australia.

    The company has signed CPS Capital Group to place on a best endeavours basis 130 million shares priced at $0.005 each.

    This will be carried out in two tranches with the first tranche of 80 million shares under its 10% placement capacity while shareholder approval will be sought for the remaining 50 million shares.

    Antares holds about 2,300 square kilometres of granted licences and has identified a number of drill targets.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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