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Argent Minerals Raises $2.5M for Exploration Boost

Argent Minerals Limited (AU:ARD) has released an update.

Argent Minerals Limited has announced a successful $2.5 million funding round through oversubscribed share placement to boost exploration and drilling at its Kempfield Project in NSW. The placement received robust support from existing shareholders and new investors, enabling the company to pursue a reverse circulation drilling program and update the Mineral Resource Estimate. With the addition of these funds to its cash reserves, Argent also plans to advance its Copperhead Project in WA.

For further insights into AU:ARD stock, check out TipRanks’ Stock Analysis page.

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