Dundas Minerals Limited (AU:DUN) has released an update.
Dundas Minerals Limited is set to bolster its exploration and business development activities with a capital raise of $1.5 million, which includes a $497,065 Entitlement Offer and a $1 million Convertible Note issue to professional investors. The funds will advance the company’s gold exploration projects in Western Australia and strengthen its financial position for future opportunities. Investors in Australia, New Zealand, Singapore, Hong Kong, and Canada are eligible to participate in the offering.
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