trending Market Intelligence /marketintelligence/en/news-insights/trending/WOfsPpq8C241B_mrdOBuaw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Thundelarra's A$5.1M share purchase plan gets 36% take-up

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

Thundelarra's A$5.1M share purchase plan gets 36% take-up

Perth, Australia-based Thundelarra Ltd. closed its onJune 30 raising approximately A$1.8 million, according to a July 6 statement.

The company issued a total of 36,180,000 shares for 5 centsper share, representing a 36% take-up by eligible shareholders.

The company plans to use the proceeds to continue aggressiveexploration of its RedBore copper-gold-silver project in Western Australia, along withdrill testing of deep targets as a priority.

In addition, the company plans to use the funds to pay thecosts of raising the funds; general working capital requirements; and to drilltargets identified from recent geophysical surveys at its Garden Gully, PaynesFind and Mooloogool gold projects.