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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: 0.067 AUD

ASX:ASN
Market: ASX
Market Cap: $59.89 m
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Anson Resources speeds up work on its Paradox Brine project as US EV push...

Anson Resources Ltd's (ASX:ASN) (FRA:9MY) Bruce Richardson tells Proactive's Andrew Scott they've accelerated its work on the Paradox Brine Project in Utah, US, following the recent policy developments from the Biden Administration, which are expected to directly benefit Anson and provide...

1 month, 2 days ago

2 min read