trending Market Intelligence /marketintelligence/en/news-insights/trending/n8z278udmqtyzz2ueo4y5w2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Pioneer Resources raises a total of A$4.8M for drilling

Municipal-Run Fiber Tops 280000 Subscribers In 2018

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Corporate Renewables Market Looks To Continue Growth After Record 2018


Pioneer Resources raises a total of A$4.8M for drilling

Pioneer ResourcesLtd. said July 22 that it has now raised a total of A$4.8 million, whichwill go toward drilling at its MavisLake and Raleighlithium projects in Ontario, as well as at its Pioneer Dome nickel property in Western Australia.

In June, the company launched a share purchase plan to raisea further A$2.5 million after completinga placement to raise A$3.2 million.

Pioneer Resources has now raised gross proceeds of A$1.5 millionunder the share purchase plan, with the issuance of about 42.2 million shares pricedat 3.6 cents apiece. Subject to shareholder approval, the company will also issue14.1 million options on a 1-for-3 basis, exercisable at 6 cents apiece before July31, 2018.

Drilling is slated to begin in September, subject to approvals.