Elementos CEO welcomes strong support for A$6.1 million raise as drilling continues at Oropesa
Elementos Limited’s (ASX:ELT) (OTCMKTS:ELTLF) (FRA:9EM) CEO Joe David speaks to Proactive’s Andrew Scott soon after receiving firm commitments from institutional, sophisticated and accredited investors to raise A$6.1 million through a placement to progress the development of its wholly-owned Oropesa tin project in Spain. He says the cash will be used to bring the 48-hole drilling program to a close and fund the completion of an optimisation program designed to unlock further value in the project.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/946885/elementos-ceo-welcomes-strong-support-for-a61-million-raise-as-drilling-continues-at-oropesa-946885.html
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