Elementos Limited's (ASX:ELT) (OTCMKTS:ELTLF) (FRA:9EM) CEO Joe David speaks to Proactive's Andrew Scott soon after receiving firm commitments from institutional, sophisticated and accredited investors to raise A$6.1 million through a placement to progress the development of its wholly-owned Oropesa tin project in Spain. He says the cash will be used to bring the 48-hole drilling program to a close and fund the completion of an optimisation program designed to unlock further value in the project.
Elementos CEO welcomes strong support for A$6.1 million raise as drilling continues at Oropesa
