OzAurum Resources Ltd. (AU:OZM) has released an update.
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OzAurum Resources Ltd has successfully raised $1 million through a share placement to fund ongoing exploration projects in Western Australia and Brazil. The placement, involving 38.46 million new shares priced at $0.026 each, attracted strong interest from both new and existing investors. This capital will support the company’s gold and niobium exploration efforts as well as general working capital.
For further insights into AU:OZM stock, check out TipRanks’ Stock Analysis page.