Brief: Lycaon Resources Says Received Firm Commitments To Raise A$2.5 Million

Solara Minerals

01/05/2024 02:22

May 1 (Reuters) - Lycaon Resources Ltd  LYN.AX :
    * RECEIVED FIRM COMMITMENTS TO RAISE A$2.5 MILLION
    * UNDER PLACEMENT, WILL ISSUE ABOUT 8.93 MILLION NEW FULLY
PAID
ORDINARY SHARES
    * PLACEMENT AT ISSUE PRICE OF A$0.28 PER SHARE
    * FUNDS RAISED WILL UNDERPIN EXPLORATION WORK PROGRAMS AT
WEST
ARUNTA STANSMORE NIOBIUM-REE PROJECT

Further company coverage:  LYN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))