10
Nov
00:20
Northam Resources raises fund to advance Wheatbelt portfolio
Australian miner Northam Resources aims to raise AUD 6 million ($3.86m) via initial public offering (IPO) in Australia, to advance exploration of its project portfolio in Western Australia’s Wheatbelt region, Kallanish notes.
Australian exploration firm Chalice Mining has entered into a farm-in and joint venture agreement in relation to one of Northam Resources’s projects, and has also committed to invest AUD 1m in this IPO.
The fund raising is base…
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