Black Canyon Limited (AU:BCA) has released an update.
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Black Canyon Limited has successfully raised $2.5 million through an oversubscribed share placement, garnering strong support from existing and new institutional investors. The funds will be directed towards exploration activities at the Wandanya site, focusing on high-grade manganese and iron, as well as metallurgical testing and development studies. This financial boost positions Black Canyon to advance its exploration and development objectives in 2025.
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