AI assistant
DART MINING NL — Capital/Financing Update 2024
Apr 14, 2024
64792_rns_2024-04-14_7bea8530-7151-482f-a9fe-b62e2a7df0f7.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 111] intentionally omitted <==
ASX Release
15 April 2024
Share Placement
Dart Mining NL (ASX:DTM) (“Dart” or the “Company”) is pleased to announce that it has received firm commitments from professional and sophisticated investors for a placement to raise A$1,049,010 through the issue of 30,853,240 new fully paid ordinary shares at A$0.034 per share.
The Placement price represents a 1.7% discount to the Company’s 15-trading day VWAP of A$0.0346. 20,674,630 shares will be issued under Listing Rule 7.1A and 10,178,610 shares will be issued under Listing Rule 7.1.
Alpine Capital Pty Ltd acted as Lead Manager to the Placement.
The funds raised in the Placement will be used for ongoing exploration work at Rushworth Goldfield Project and Buckland Gold Project, as well as for general working capital and the costs of the Placement.
The board wishes to thank the existing and new shareholders that strongly supported this placement.
Release approved by the Board of Directors.
For more information contact:
James Chirnside Managing Director Dart Mining NL [email protected] +61 2 9597 1198
Aimee Coates Investor Relations Dart Mining NL [email protected]
About Dart Mining
Dart Mining’s (ASX: DTM) aim is to evaluate and develop several historic Goldfields as well as substantiating a new porphyry province in NE Victoria. The area is prospective for precious, base, and minor metals. These include Lithium, Gold, Silver, Copper, Molybdenum, Zinc, Tungsten, Tin, Tantalum, and a host of other important minerals. Dart Mining has built a strategic gold footprint in the Central and Northeast Region of Victoria where historical surface mining and alluvial gold indicates the existence of potentially significant gold endowment.
Visit our webpage: For more information, contact: www.dartmining.com.au James Chirnside, Managing Director Find us on LinkedIn: Email: [email protected] Dart Mining NL Phone: +61 2 9597 1198
Dart Mining NL ABN: 84 119 904 880 412 Collins Street Melbourne VIC 3000