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PNX Metals to raise up to $6.67 million to advance its NT gold and zinc-gold-silver projects

PNX Metals Ltd's (ASX:PNX) (FRA:4P1) James Fox speaks to Proactive's Andrew Scott after announcing they're undertaking a capital raising exercise comprising a placement and rights issue to raise up to $6.67 million. It's to advance its exploration and development strategy focused on gold and zinc-gold-silver projects in the Northern Territory.

Quick facts: PNX Metals Ltd

Price: 0.007 AUD

ASX:PNX
Market: ASX
Market Cap: $24.15 m
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PNX Metals sees significant opportunities to grow its Fountain Head and...

PNX Metals Ltd's (ASX:PNX) James Fox tells Proactive's Andrew Scott they've allowed the exclusivity period relating to a proposed joint venture for the funding of infrastructure and production sharing for its Fountain Head Gold deposit to lapse. There's been a significant improvement in the...

on 17/11/20

2 min read