Alien Metals Ltd (GB:UFO) has released an update.
Alien Metals Ltd has successfully raised £630,000 through a share placement to fund advancements in their Australian iron ore and precious metals projects, as well as for general working capital. The newly appointed joint broker CMC Markets facilitated the placement, which equates to about 6.7% of the company’s enlarged share capital. Development and exploration efforts are ongoing, with further updates to be announced as fieldwork progresses.
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