Andromeda Metals Ltd's (ASX:ADN) James Marsh speaks to Proactive's Andrew Scott following the news they've raised $30 million through a strongly supported placement of new shares to institutional and professional/sophisticated investors. The placement, together with a newly launched share purchase plan capped at $15 million, will provide Andromeda with funds to meet the company’s share of long lead time processing plant equipment purchases for the Great White Kaolin Project JV with Minotaur Exploration Ltd (ASX:MEP).
Andromeda Metals outlines $30 million capital raise
