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Arrow Minerals Secures Funding to Advance Copper Exploration Strategy

Arrow Minerals Limited (ASX: AMD) has secured firm commitments to raise approximately $2.25 million through a two-tranche placement to support its growth strategy. The proceeds will mainly be used to progress exploration work at the Yarraloola Copper Project in Western Australia, with drilling activities expected to begin soon.

The company has also signed an agreement to secure an 80% interest in the project, strengthening its position in copper and gold exploration. Early indications suggest promising mineral potential, supported by historical exploration data and recent geophysical targeting. The capital raising strengthens Arrow’s financial position, enabling it to progress exploration, meet project-related costs, and maintain operational flexibility. The transaction reflects the company’s focus on unlocking value from underexplored assets while positioning itself within Australia’s growing critical minerals sector.

 

 

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