Future Metals will issue 40 million new fully paid ordinary shares at a price of 12.5 cents per share to raise $5 million.
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Panton now second largest PGM deposit
Future Metals has lifted its mineral resource estimate (MRE) for its fully-owned Panton Platinum Group Metals-Nickel Project in northern Western Australia, to five million ounces of palladium, platinum and gold (PGM3E) and 238 kilotonnes nickel, at a grade of 1.66 grams per tonne palladium equivalent.
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