Venture Minerals Limited (ASX:VMS, OTC:VTMLF) MD Andrew Radonjic tells Proactive the company has opened a A$3 million share purchase plan. Shareholders can pick up new securities at A$0.018 a pop, with one free-attaching option available with every three shares subscribed for. The company will use the funding runway to explore and conduct metallurgical test-work at the flagship Mount Lindsay Tin-Tungsten Project in Tasmania. The raise will also support follow-up drilling across the company’s newly expanded rare earths portfolio in WA.
Venture Minerals launches $3 million SPP to advance tin-boron study and REE exploration
