AusQuest Limited (AU:AQD) has released an update.
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AusQuest Limited has successfully raised a total of A$2.4 million through a Rights Offer, including a recent placement of shortfall shares that added A$0.6 million. This financial boost places the company in a solid position as it gears up for an imminent drilling program at its Cangallo Porphyry Copper Project in Peru. The investment reflects strong support from both new and existing shareholders, highlighting confidence in AusQuest’s exploration ventures.
For further insights into AU:AQD stock, check out TipRanks’ Stock Analysis page.