Australian Mines raises to advance Sconi work

AUSTRALIAN Mines has not allowed its recent corporate issues to derail its development of the Sconi nickel-cobalt project in Queensland, with plan to raise more than A$7 million.

Australian Mines raises to advance Sconi work Australian Mines raises to advance Sconi work Australian Mines raises to advance Sconi work Australian Mines raises to advance Sconi work Australian Mines raises to advance Sconi work

More drilling is planned at Sconi

It has locked in commitments from new domestic and offshore institutional investors for $3.7 million, and it is seeking a further $3.7 million via a one-for-13.4 non-renounceable entitlement offer.

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