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DART MINING NL — Capital/Financing Update 2023
Apr 23, 2023
64792_rns_2023-04-23_13b9d161-0c63-4d9b-bbd4-94479831ebf5.pdf
Capital/Financing Update
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24 April 2023__
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____ ASX ANNOUNCEMENT
Share Placement
Dart Mining NL ( ASX: DTM ) (“Dart” or “ the Company ”) is pleased to announce a share placement of 16,666,667 fully paid ordinary shares at an issue price of $0.06 (6 cents) per share raising $1,000,000.
The issue price of 6 cents per share represents a 9% discount to the 15 day VWAP calculation of 6.6 cents. 15,481,016 shares will be issued under Listing Rule 7.1a and 1,185,651 shares will be issued under Listing Rule 7.1.
Sanlam Private Wealth (Melbourne) acted as broker to the placement.
Proceeds from the issue will be used to extend Dart’s ongoing drill program at both the Granite Flat Copper Gold and Rushworth Gold projects, as well as undertaking further regional exploration programs on targets across the portfolio and general working capital.
The board wishes to thank Mr Jim Mellon, a substantial shareholder, for his continued support in taking up a portion of this placement. Mr Mellon is not a related party of the Company.
Yours faithfully
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Julie Edwards Company Secretary
Approved by the board of Directors .
For more information contact:
James Chirnside Managing Director Dart Mining NL [email protected] +61 447 447 613
Peter Taylor Investor Relations NWR Communications [email protected] +61 412 036 231
Webpage: www.dartmining.com.au LinkedIn: Dart Mining NL Twitter: @DartMining
Contact: James Chirnside Email:[email protected] Mobile: +61 447 447 613
Dart Mining NL ABN: 84 119 904 880 Level 6, 412 Collins Street Melbourne VIC 3000