Catalina Resources Secures $2.77M for WA Gold Exploration

The latest update is out from Shree Minerals Limited ( (AU:CTN) ).

Catalina Resources Limited has successfully secured a $2.77 million funding package to advance exploration at its newly acquired Yerilgee and Evanston gold projects in Western Australia. The funding, which includes a $500,000 placement and a $2.27 million rights issue, strengthens the company’s financial position, enabling it to proceed with field exploration in 2025 and consider additional acquisition opportunities. The company also announced the appointment of Ross Cotton as Executive Director, bringing over 20 years of experience in mining finance and management to support its exploration activities.

More about Shree Minerals Limited

Catalina Resources Limited is an Australian diversified mineral exploration and mine development company. It focuses on exploring and developing mineral assets, with a particular emphasis on gold projects in Western Australia.

Current Market Cap: A$3.95M

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