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Mincor Resources Announces A$60 Mln Capital Raise To Accelerate Development And Exploration

Mincor Resources NL (MCR.AX):

  • A$60 MLN CAPITAL RAISE TO ACCELERATE DEVELOPMENT AND EXPLORATION

  • NON-UNDERWRITTEN SHARE PURCHASE PLAN TARGETING TO RAISE A$5 MILLION

  • UNDERTAKING A FULLY UNDERWRITTEN PLACEMENT OF A$55M AT A$1.39/SHARE

  • PROCEEDS FROM CAPITAL RAISE WILL BE USED TO ACCELERATE ACCESS DEVELOPMENT INTO GOLDEN MILE ORE RESERVE, AMONG OTHERS

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