American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

WCNOE Underwriting Completed – A$4.33M Raised

by admin March 17, 2024
March 17, 2024
WCNOE Underwriting Completed – A$4.33M Raised

White Cliff Minerals Limited (White Cliff or the Company) is pleased to advise gross proceeds of A$4.33m of funds have been received before costs through the successful conversion of 288,528,071 WCNOE Options1.

With the funds from the option exercise by option holders and the Underwriter, in addition to the recent Director and KMP conversions of unlisted options, the Company now has ~A$6.33M in cash and listed investments2.

The Company is now well funded to focus on its upcoming exploration programs, details of which will be provided in due course.

Commenting on the funding, White Cliff Chairman, Roderick McIllree said:

“The completion of this funding makes the Company an interesting investment proposition. With a market capitalisation of circa $25m which includes ±AUD$6.3m we are funded for multiple work programmes at Radium Point, our uranium & silver rich IOCG project and Coppermine, the high-grade copper gold and silver project in Nunavut.

The first of these exploration campaigns by Expert Geophysics3 airborne survey experts at Coppermine where we continue to build full mobilisation in anticipation of a significant field deployment in the coming months.

Next up will be the completion of contractor and service providers for the complimentary campaigns at Radium Point the Uranium Silver IOCG project, and I look forward to updating shareholders on this in the not-too-distant future along with additional project acquisitions and executive appointments.”

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Home buyers to be spared automatic broker commissions under new settlement
next post
Gold Price Tumbles on Latest US CPI Reading

Related Posts

Top crypto stocks to buy as Bitcoin price...

February 23, 2025

AI Stocks: 9 Biggest Companies in 2024

July 12, 2024

Gold Price Forecast: Top Trends That Will Affect...

March 6, 2024

Dollar Tree stock price analysis ahead of earnings:...

December 3, 2024

International Graphite

April 23, 2024

NorthStar Gaming Builds upon its Industry-Leading Content Vertical...

February 29, 2024

Helium Evolution Confirms Additional Drilling of Up to...

April 3, 2024

Element79 Gold Corp Appoints Warren Levy to Advisory...

May 14, 2024

PayPal stock price analysis: the sky is the...

November 8, 2024

Getchell Gold Corp. Announces Warrant Extension and Debt...

May 2, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,002)
    • Investing (2,453)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved