Apollo Minerals Ltd (ASX:AON) (Apollo Minerals Ltd (ASX:AON)) Neil Inwood talks to Proactive about raising $7.2 million to accelerate activities at its zinc-lead Kroussou Project in the Ngounié Province of western Gabon.
He says 'this locks in confidence and support and allows us to push our exploration programme for 2022'.
The company has secured firm commitments from institutional and high net worth investors to subscribe for 90 million new ordinary shares at an issue price of A$0.08.
Joining the registry will be highly regarded, globally leading investment funds including Sprott Capital Partners, a leading North American-based asset management firm with an excellent track record of identifying and funding successful early-stage resource projects.