Western Yilgarn NL (ASX: WYX) Secures $520k in Placement to Support Key Exploration Projects

Mon 31 Mar 25, 02:51 AM | Team Kalkine

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Highlights

Western Yilgarn raises $520,000 via a placement of 14.4 million shares

The funds will advance exploration at Julimar West and New Norcia Bauxite-Gallium Projects

Director and major shareholders commit $55,000 in support of the placement

Western Yilgarn NL (ASX: WYX) has successfully secured firm commitments from sophisticated investors to raise $520,000 before costs through a placement of 14,444,444 ordinary shares at an issue price of $0.036 per share. This funding will support the company's ongoing exploration projects, particularly at its Julimar West and New Norcia Bauxite-Gallium Projects.

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