KIS on the cusp of Dolphin tungsten development

KING Island Scheelite says a A$31 million equity raising means it now has all the funding needed to develop the Dolphin tungsten project on King Island, with first production due in the March quarter 2023.

KIS on the cusp of Dolphin tungsten development KIS on the cusp of Dolphin tungsten development KIS on the cusp of Dolphin tungsten development KIS on the cusp of Dolphin tungsten development KIS on the cusp of Dolphin tungsten development

Another chapter for tungsten mining on King Island set to begin

The $31 million sees new shares priced at 14c issued to mainly undisclosed shareholders and investors, though providers of $33 million of loan funding - namely Abex, Chrysalis Investments, D.A.CH.

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