S2 cashed-up for Finland, WA exploration

S2 RESOURCES will have A$14 million cash for its exploration in Australia and Finland following a $7.75 million placement to undisclosed new and existing investors.

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S2 has been exploring in Scandinavia for a number of years

Institutions and sophisticated investors will pay 12.5c per share.

The fundraising comes after S2 kicked-off a 10-12 hole diamond core drilling campaign in Finland earlier this month.


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