Anova Metals has received firm commitments for a two-tranche placement of 562.5 million new fully paid ordinary shares.

Placement funds Anova exploration

Anova Metals has received firm commitments for a two-tranche placement of 562.5 million new fully paid ordinary shares to new and existing institutional and sophisticated investors at an issue price of 1.6 cents per share, to raise about $9m.
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Red Dirt Metals will divest its Warriedar gold project in Western Australia to Anova Metals for $1.2 million.

Anova expands Warriedar footprint

Anova Metals has been granted an additional exploration tenement, which abuts the southeast part of its recently acquired Warriedar gold project in the highly prospective Murchison region of Western Australia.
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