Sunstone Metals LtdASX: STM

Sunstone raises $8M in share placement

· Issued by Sunstone Metals Ltd

Filed with ASX · · 30 pages · English

Sunstone Metals Limited (ASX:STM) is pleased to advise that it has received firm commitments for $8,000,000 (before costs of $480,000) via a share placement at 1.9 cents ($0.019) per share (Placement) to existing institutional and sophisticated shareholders and new investors. Directors are also participating in the Placement, subject to shareholder approval, for a total of $80,000. The proceeds of

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