Nelson Resources Ltd. (AU:NES) has released an update.
Nelson Resources Ltd. successfully raised $2.25 million through a two-tranche placement, issuing shares at a significant discount with options attached. The funds are earmarked for advancing gold and base metal projects in Western Australia, bolstering working capital, and exploring potential new project opportunities. The offering, backed by both new and existing investors, signals strong support for the company’s strategic initiatives.
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