Belararox Ltd. (AU:BRX) has released an update.
Belararox Ltd. has successfully secured A$7.7 million in funding through a placement, attracting notable investors including Scotia Global Asset Management and Denala Limited, which will enable the company to commence drilling activities at their promising TMT Project in Argentina starting September 2024. The placement, issued at a discount, aims to reinforce the company’s investor base and fund an extensive drilling program at the TMT copper/gold project, demonstrating strong investor confidence.
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