Antipa Minerals welcomes A$1 million investment of European-based commodity fund
The company is well funded to pursue its aggressive exploration programs in the Paterson Province, with several drill programs underway. The placement will further expose the company to the European investment community.
Antipa Minerals Ltd (ASX:AZY) has welcomed a firm commitment from Netherlands-based Commodity Discovery Fund (CDF) to raise A$1 million through the issue of 23,809,524 new shares at A$0.042 per share.
The company is confident that the commitment validates the high prospectivity of its combined tenement portfolio of about 5,200 square kilometres across the Paterson Province in Western Australia.
It also believes that the placement will further expose the company to the European investment community.