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Lefroy cashes up for drilling new gold, nickel assets

LEFROY Exploration has cashed-up for gold and nickel exploration with a A$6.2 million equity raise pricing new shares at 16c each.

Michael Quinn
An previous Lefroy exploration campaign

An previous Lefroy exploration campaign

The funding is from undisclosed institutional and sophisticated shareholders, plus $465,000 from board members. Lefroy had $440,000 cash at the end of the June quarter. Lefroy's key targets are the...

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