Trigg Mining Ltd. (AU:TMG) has released an update.
Trigg Mining Ltd. has successfully secured $600k in funding through a share placement to advance exploration at their Drummond Basin Project in Queensland. The capital will enable additional drilling at the newly discovered SW Limey target, with issuance of shares to take place in two tranches, subject to shareholder approval. The funds, raised from sophisticated investors at a premium, will also contribute to general working capital needs.
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