Stocktake: Australian Mines’ $4m raise set to boost gold and scandium drilling

Host Tylah Tully looks at news out of Australian Mines (ASX:AUZ), who is fully funded for its scandium and gold hunt after raising $4 million in a placement cornerstoned by institutional and European investor support.

The proceeds will allow working capital flexibility for drilling at the Flemington scandium project in New South Wales and to expand drilling at the Boa Vista gold project in Brazil.

Watch the video to hear the details.

This video was developed in collaboration with Australian Mines, a Stockhead advertiser at the time of publishing.

This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.