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TNT Mines reels in $5.25 million in strongly supported placement The company plans to use proceeds from the placement primarily for drilling at the new Reids North prospect and also for follow-up reverse circulation drilling at Eureka South. Strong support for the placement is an endorsement of the company’s strategy. TNT Mines Ltd (ASX:TIN) has received firm commitments from existing and new, institutional and sophisticated investors for a strongly supported placement that has raised A$5.25 million. The company will issue 35 million new fully paid ordinary shares at a price of $0.15 per share. Funds will primarily be used for drilling at the new Reids North prospect and also for a follow-up reverse circulation (RC) drilling at Eureka South.

Matthew boyesChieftain securities pty ltdReids northSecurities pty ltdமேத்யூ சிறுவர்கள்பத்திரங்கள் ப்டி லிமிடெட்