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Leeuwin Metals Ltd ( (AU:LM1) ) just unveiled an update.
Leeuwin Metals Ltd has successfully secured firm commitments to raise A$3.25 million through a two-tranche share placement aimed at supporting its exploration projects and completing the acquisition of the Marda Gold Project, expected in the first quarter of 2025. This capital raising effort demonstrates strong investor confidence and positions the company to undertake comprehensive drilling and exploration activities, potentially unlocking significant value for shareholders and enhancing its industry presence.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company involved in the mining industry, primarily focusing on exploration projects in Australia and Canada. The company’s market focus includes advancing its portfolio of mining projects, which include the Marda Gold Project, located in Western Australia’s renowned goldfields.
YTD Price Performance: -14.29%
Average Trading Volume: 86,448
Technical Sentiment Consensus Rating: Hold
Learn more about LM1 stock on TipRanks’ Stock Analysis page.
