Arrow Minerals (ASX:AMD) raises $3M to accelerate exploration

Arrow Minerals (ASX:AMD) raises $3M to accelerate exploration
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Arrow Minerals (AMD) has received commitments to raise $3 million to accelerate its drilling and exploration programs in West Africa
500 million fully paid ordinary shares were issued to sophisticated and professional investors at 0.6 cents per share
Funds raised through the placement will go towards high impact gold exploration in West Africa and gold and base metal exploration in Australia
The placement will be issued in two tranches, with 133,238,176 shares issued by May 11, 2021 and 9,501,333 shares issued before July 2021
Arrow Minerals shares are trading flat at 0.7 cents

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