Mining

URU Metals Secures £300,000 to Advance Nickel Exploration at Zebediela

Fri 28 Mar 25, 08:29 AM | Team Kalkine

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£300,000 raised through a share placement at 3p per share.

Funds to be used for geophysical interpretation, historical drilling analysis, and resource development.

Axis Capital Markets appointed as joint broker to URU Metals.

URU Metals (/LSE:URU) has successfully raised £300,000 through a share placement to accelerate exploration and development activities at its Zebediela Nickel Project. The placement, arranged by Axis Capital Markets Limited, involved the issuance of 10 million new ordinary shares at 3p per share.

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