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Solis Announces $5.9M Placement to Advance Peruvian Copper Portfolio

Summary by stocktitan.net
Solis Minerals (ASX:SLM / OTC:SLMFF) has received firm commitments to raise up to A$5.9 million via a placement of up to 118,000,000 CDIs at A$0.05 per share in two tranches to institutional and sophisticated investors.Proceeds will fund the Cucho acquisition and exploration, completion of Ilo Este drilling in Q4 2025, planned Cinto drilling in late Q4 2025, and general working capital. Chairman and CEO committed A$150,000 to Tranche 2; Director…
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stocktitan.net broke the news in on Tuesday, October 21, 2025.
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