- Exploration company Marquee Resources (MQR) has successfully raised $750,000 in additional funding via a placement
- The business first flagged the fundraising plans on Wednesday, February 3, when it places its securities in a trading halt on the ASX
- Under the offer, 15 million MQR shares issued at 5 cents each
- The business first flagged capital raise plans earlier this week when it entered a trading halt, with new shares to issued on February 9
- All of the funds raised under this placement will used on exploration work at Marquee’s Redlings and West Spargoville projects
- Following today’s announcement, MQR’s shares have come out of the halt and begun trading again for 6.1 cents each, up 13.1 per cent
Marquee Resources: Raises $750K for further exploration work
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