Astro Resources NL raises $1 996 million in first tranche 1 of capital raising to fund work programs across project portfolio proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Astro Resources NL s (ASX:ARO) Vince Fayad speaks to Proactive s Andrew Scott soon after completing a A$2.994 million capital raising to sophisticated.
The company has received funds totalling $659,476 and binding applications for the balance with the allotment of Tranche 1 to occur when the funds are.
2021-02-23 by Proactive Australia
Astro Resources NL (ASX:ARO) has busy work programs planned to advance the Needles Gold Project in the USA as well as the Governor Broome Minerals Sands Project and the Lower Smoke Creek Diamond Project, both in Western Australia.
The primary focus in the near-term is the Needles project in gold-rich Nevada where an induced polarisation geophysical program has confirmed the presence of a chargeability anomaly as defined in the company s broader spaced 2018 IP survey.
Raw data from the IP program is now with an Australian geophysical consultant, who will generate a 3D model that will be used for drill targeting.
Brent crude oil prices jumped 3.2% to US$64.95 a barrel, driven by the expected slow return of U.S. crude output after last week’s deep freeze in Texas.