TechGen Secures AU$1.2 million to Advance Copper-Gold Exploration

TechGen Metals Limited (ASX: TG1) has raised AU$1.2 million through a top-up placement, following its heavily oversubscribed rights issue earlier in the week. The funds will accelerate exploration at the company’s Mt Boggola Copper-Gold-Antimony Project in the Ashburton region and the Blue Devil Copper-Gold-Silver Project in the Kimberley, both of which have delivered encouraging mineralisation results.

The placement, supported by institutional investors, industry participants, and TechGen’s Managing Director Ashley Hood, will issue 66.7 million shares at $0.018 each, with one free option for every two shares. Drilling programs are scheduled to begin in late 2025, with heritage surveys and approvals already in progress.With these funds, TechGen strengthens its runway to pursue high-impact exploration targets across its portfolio, positioning itself for potential company-making discoveries in copper, gold, silver, and antimony-rich districts of Western Australia.

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