OzAurum Resources Secures $1.75M for Gold and Niobium Exploration - TipRanks.com

OzAurum Resources Ltd. ( (AU:OZM) ) has shared an update.

OzAurum Resources Ltd has successfully raised $1.75 million through a share placement to professional and sophisticated investors, issuing 29.1 million new shares at $0.06 each. The funds will be used to advance exploration at the company’s Mulgabbie and Patricia gold projects in Western Australia and the Brazil Niobium project, reflecting strong investor confidence in OzAurum’s exploration strategy and potential project value.

More about OzAurum Resources Ltd.

OzAurum Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold and niobium projects. Its key projects are located in the Eastern Goldfields of Western Australia and Brazil.

YTD Price Performance: 126.67%

Average Trading Volume: 5,280,049

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$13.43M

Learn more about OZM stock on TipRanks’ Stock Analysis page.