Critica Limited

Announcements

Research Reports

Presentations

Annual Reports

Reports

Investor Dashboard

Updates

Roboto

Critica Limited ASX:CRI

upload.jpg

Venture Minerals (ASX:VMS) has completed the first tranche of a previously announced placement, raising $3.97 million, to support its focused 18-month strategy.

Under the placement, about 172.5 million shares at $0.019 per share were issued, raising $3.3 million before costs.

Venture Minerals, which has a market capitalisation of $43 million, also confirms that 35.2 million shares held by Acuity Capital were transferred to Lion Selection Group (ASX:LSX) at the same issue price, raising $670,000 before costs.

The second tranche of the placement is expected to be completed following shareholder approval at a meeting on or around 20 August 2024.

Venture Minerals is focused on advancing its Jupiter Project in Western Australia, including delivering a maiden resource estimate and resource upgrade.

Venture Minerals tops up coffers via $4 million placement