Astro Resources NL (AU:ASE) has released an update.
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Astro Resources NL has announced the successful closure of its $2.968 million fundraising effort through a non-renounceable entitlement offer, demonstrating robust shareholder support and ensuring strong liquidity. Key investors such as Holdmark Property Group and Chairman Tony Leibowitz have maintained or increased their stakes, signaling confidence in the company’s future projects. The raised funds are earmarked for exploration and development activities in Australia and Nevada, as well as general working capital needs.
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