Xtract Resources PLC (LSE:XTR) | RNS | Xtract Resources plc - Placing to fund Bushranger phase 2 drilling
· Contracting 2 drill rigs for an accelerated six-month, 20,000 metre drilling programme at Bushranger · Planned recruitment of a quality exploration team and site expansion at Bushranger · Objective of drilling is a potential 2 million tonne copper target Placing The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to announce that the Company's Broker, Novum Securities, has today conditionally raised £5,500,000 (before expenses) for the Company following the placement of of 98,214,286 new Ordinary Shares of 0.02p each ("Placing Shares") at 5.6p ...