Emmerson Resources Ltd (ASX:ERM)'s Rob Bills speaks to Proactive about a $6.5 million capital raise that will empower the company to explore some of Australia's most prolific copper-gold hotspots. A $5 million placement and a share purchase plan (SPP) to raise up to $1.5 million will help new and existing investors increase their exposure to Emmerson's precious and base metal opportunities in the NT and NSW. Bills says the raise will keep the company's cash reserves strong amid market volatility and accelerate work at the Tennant Creek and Macquarie Arc copper-gold portfolios.
Emmerson taps investors for $6.5 million in placement and SPP