Strong backing shown for Azure's Andover exploration

YEARS in the Mexican and market wilderness have turned around for Azure Minerals as it gets set to raise A$37 million from investors keen to back its Andover nickel-copper exploration project in the Pilbara region of Western Australia.

Strong backing shown for Azure's Andover exploration Strong backing shown for Azure's Andover exploration Strong backing shown for Azure's Andover exploration Strong backing shown for Azure's Andover exploration Strong backing shown for Azure's Andover exploration

Azure will have plenty of cash to explore Andover

The undisclosed investors will buy new shares priced at 74c each.

Azure described the first five holes it had drilled at Andover as "nothing less than exceptional".