Agrimin Limited (AU:AMN) has released an update.
Agrimin Limited has successfully raised $1.1 million through the placement of shares and options, adding to its financial reserves for continued development and exploration activities. The capital boost, bringing the company’s cash position to $5.5 million, will fund process testwork, environmental approvals, and exploration initiatives in West Arunta. This financial move demonstrates shareholder confidence in Agrimin’s strategic plans, including the Mackay Potash Project and other operations.
For further insights into AU:AMN stock, check out TipRanks’ Stock Analysis page.