High-Tech Metals Limited ( (AU:HTM) ) has provided an update.
High-Tech Metals Limited has successfully raised $1,261,100 through the issuance of 8,407,332 fully paid ordinary shares at $0.15 per share, following shareholder approval. This is part of a larger strategic investment and placement plan, which includes a significant investment from Ragnar Metals Limited, allowing Ragnar to appoint a director to HTM’s board. The funds raised will be used to accelerate exploration activities and support working capital, indicating a strategic push to enhance HTM’s project portfolio.
More about High-Tech Metals Limited
High-Tech Metals Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker HTM.
YTD Price Performance: 12.50%
Average Trading Volume: 144,515
Technical Sentiment Signal: Sell
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