Rumble Resources (ASX: RTR) has raised $178,392 under an entitlement issue with
3.9 million shares subscribed for at $0.045. The directors have the right to place the 20.1 million shortfall within three months.
The entitlement issue also provided one free listed option for every two shares subscribed, which have an exercise price of $0.08 and an expiry date of 30 June 2015.
Earlier in the month Rumble identified a peak anomalism of 3,080ppm copper from a first pass auger geochemistry program at the Canegrass project, which is located 80 kilometres north-west of Kalgoorlie in the Eastern Goldfields of Western Australia.
Adding to the prospectivity of the area, there was also elevated nickel and chrome values.
The company also has interests in Burkina Faso at the Derosa gold project, where rock chip sampling has returned gold grades of up to 24.5 grams per tonne.
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