Group 6 Metals (ASX:G6M) has decided to extend its Share Purchase Plan for a further two weeks and increase the maximum amount raised to $4.5M, following overwhelming support.
Group 6 Metals says the extension will afford eligible shareholders an additional opportunity to participate on the same terms as the recently completed $20M placement, to fund activities at the Dolphin Tungsten Mine in Tasmania.
The company says its already received applications in excess of $4M.
Group 6 Metals' share price closed up almost 3% today.