ASX:BMLMetals and Mining
Boab Metals (ASX:BML) Is Up 17.9% After Fully Funding Sorby Hills Project Development – Has The Bull Case Changed?
Boab Metals has recently completed a follow-on equity offering of A$6.99 million at A$0.40 per share, issuing 17,499,964 new ordinary shares and applying to quote them on the ASX to support its Sorby Hills Silver-Lead Project.
Together with an oversubscribed share purchase plan and broader funding package, this equity raise contributes to approximately A$350 million in secured funding, giving the company full financial certainty to progress Sorby Hills through development and construction to...