Asra Minerals raises $3m to pick up drilling pace at Leonora gold projects

Asra Completes $3M Placement to Accelerate Leonora Drilling

Asra Minerals Limited (ASX: ASR; “Asra” or “the Company”) is pleased to announce it has received firm commitments for a two-tranche placement of fully paid ordinary shares (“New Shares”) to raise up to $3 million (before costs) at $0.002 per share (“Placement”). Up to approximately 332.9 million New Shares will be issued under Tranche 1 pursuant to the Company’s existing placement capacity under ASX Listing Rule 7.1 (“Tranche 1”). The issue of u…

Asra Minerals raises $3m to pick up drilling pace at Leonora gold projects

ASR raises $3m to accelerate drilling at Leonora gold projects in WA Company zeroing in on 26 new targets in prospective region Funds will also be used to investigate potential synergistic acquisitions    Special Report: Asra Minerals has wrapped up a $3m placement at 0.2c per share to accelerate drilling at its Leonora gold projects in WA. The company has more than 725km2 of highly prospective gold tenure in the Leonora region with its Leonora …