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Anson Resources initiates $3 million fundraising to advance its Paradox Brine Project in Utah

Anson Resources Ltd (ASX:ASN) CEO Bruce Richardson tells Proactive the firm has launched a share purchase plan (SPP) offer to raise up to $2 million as part of a $3 million capital raising effort to advance its Paradox Brine Project in Utah.

Richardson says the funds raised will be used to advance the project pre-feasibility study, environmental studies, permitting, other exploration and for general working capital.

Quick facts: Anson Resources Ltd

Price: 0.019 AUD

ASX:ASN
Market: ASX
Market Cap: $14.89 m
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Anson Resources releases positive PEA on Utah based Paradox Basin Brine Project.

Anson Resources (ASX: ASN) CEO and Executive Chairman Bruce Richardson joined Steve Darling from Proactive to discuss the company releasing a PEA on their Paradox Basin Brine Project in Utah. Richardson talks about the numbers and when they may be looking at doing a PFS as well. He also...

on 9/6/20

2 min read