tiprankstipranks
GCX Metals Secures $6M for Dante Project Expansion
Company Announcements

GCX Metals Secures $6M for Dante Project Expansion

GCX Metals Limited (AU:TM1) has released an update.

Don't Miss Our Christmas Offers:

GCX Metals Limited has announced a successful $6 million fundraising through the placement of 100 million new shares at $0.06 each, with significant investments from its largest shareholder Tribeca and company directors. The funds will be channeled into accelerating the exploration and development of the Dante Project in Western Australia, targeting a unique copper-platinum group element sulphide discovery. This investment reflects strong market confidence in the project’s potential, marked by a new discovery that spans an impressive 42km strike.

For further insights into AU:TM1 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskTerra Metals Limited’s AGM Resolutions Passed
TipRanks Australian Auto-Generated NewsdeskGCX Metals Reports Strong Drilling Results at Reef 1
TipRanks Australian Auto-Generated NewsdeskGCX Metals Unveils Promising Discoveries at Dante Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App