Alkane Resources LtdASX: ALK

Completion of Capital Raising and Shortfall Notification

· Issued by Alkane Resources Ltd

Filed with ASX · · 1 page · English

Summary by 6ix AI

Alkane Resources Ltd has announced the completion of its capital raising and shortfall notification for a non-renounceable rights issue. The company raised proceeds through applications for new ordinary shares and a placement to institutional investors, totaling a significant amount. The funds will be used to accelerate exploration and development in the Tomingley Gold Corridor. New shares are expected to be issued shortly, with trading commencing soon after.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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