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Legacy Minerals Raises $7.75M for Exploration

Summary by sharecafe.com.au
Legacy Minerals Holdings Limited (ASX: LGM) has announced the successful completion of a A$7.75 million placement to advance exploration at its Drake and Thomson Projects. The placement, priced at $0.18 per share, was upsized due to strong demand from specialist global resources investors. This positions Legacy Minerals with approximately A$9 million to fund expansive drilling and exploration programs across both strategically located projects. …
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sharecafe.com.au broke the news in on Friday, May 16, 2025.
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