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ASX:CRL
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Comet Resources welcomes strong support for SPP ahead of busy period of exploration

Comet Resources Ltd’s (ASX:CRL) Matt O'Kane tells Proactive's Andrew Scott he was thrilled with the support for its share purchase plan (SPP) with subscriptions received for almost five times the $500,000 they were initially targeting. After receiving applications from existing shareholders for $2.3 million at an offer price of 2 cents per share with around 180 shareholders participating, the company has accepted $500,000 in oversubscriptions to raise $1 million.

Quick facts: Comet Resources Ltd

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ASX:CRL

Price: 0.025 AUD

Market Cap: $17.29 m

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Comet Resources reports up to 132 g/t gold in historical assays at Santa Teresa

Comet Resources Ltd (ASX:CRL)'s Matt O'Kane speaks to Proactive soon after announcing up to 132 g/t gold during a resampling program on historical drill core from the Santa Teresa gold project in Baja California, Mexico. Comet evaluated core from 22 holes drilled during a 2008 exploration...

2 weeks, 1 day ago

2 min read