Australian miner Falcon Minerals has announced the completion of a A$4 million capital raising through Bell Potter Securities Ltd. The funds will fast track exploration activities at Falcon’s 100% owned Nickel-Copper-PGE Collurabbie Project in Western Australia.
The raising, which is the maximum under the company's 15% capacity, will be applied to drilling campaigns at Collurabbie, the first of which is scheduled to commence late April 2010.
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