Maximus Resources Limited (AU:MXR) has released an update.
Maximus Resources Limited announces a $3.2 million Entitlement Offer to fund accelerated exploration and development of its Spargoville Gold projects, with a significant commitment from major shareholder Beacon Minerals. The offer, underwritten by Argonaut PCF Limited, will issue new shares at a discounted price, aiming to bolster gold production and regional gold target advancement.
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