Aureka secures $3.6M placement to fund second drill rig
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Aureka (ASX:AKA) has completed a $3.6 million share placement to new and existing wholesale investors, reflecting strong support for the company's exploration progress and strategic initiatives.
The funding will enable Aureka to commission a second diamond drill rig, accelerating its 2026 exploration program.
The placement also underscores investor confidence in the company's strategy, which includes actively engaging with mill owners to advance its project portfolio.
At the time of reporting, Aureka’s share price was $0.15.