Antipa Minerals completes $22 million placement and launches $3 million SPP The company plans to use the proceeds from the capital raising to maintain its 35% interest in the Citadel Joint Venture with Rio Tinto and to accelerate exploration and appraisal activities at Minyari Dome Project. A share purchase plan (SPP) to raise up to A$3 million opens today. Antipa Minerals Ltd (ASX:AZY) has completed an institutional placement of more than 523.8 million shares at a price of A$0.42 per share to raise A$22 million. The company now holds in excess of A$28 million in cash and this is expected to be boosted further through a A$3 million share purchase plan (SSP) that opens today.