Eastern Metals Limited (AU:EMS) has released an update.
Eastern Metals Limited has successfully raised $1 million through the issue of 31.25 million new shares to fund accelerated exploration activities at its Arunta and Cobar projects. The capital will enhance the company’s exploration efforts, particularly in the copper-rich Cobar Basin and adjacent regions, where recent high-grade discoveries have heightened investor interest. CEO Ley Kingdom expresses optimism for the company’s future updates on the exploration progress.
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