Antipa Minerals Ltd (ASX:AZY) MD Roger Mason tells Proactive the company has launched a $2 million pro-rata non-renounceable rights issue to eligible shareholders, taking the recent capital initiatives to a total of up to $7 million. Proceeds from the placement and rights issue are to be predominantly applied to ongoing exploration and appraisal of resource growth and discovery opportunities at the company’s 100%-owned Minyari Dome Project. The company will undertake the rights issue on a one-for-26 basis to raise up to $2 million, at an issue price of $0.013 per share.
Antipa Minerals to turbocharge exploration with up to $7 million raise
