Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Lithium
45.21
0.67%
Gold
2,644.30
0.32%
Copper
4.18
0.24%
Oil
69.50
(0.07%)
Bitcoin
91,751.35
(0.68%)
FTSE 100
8,099.00
(0.13%)
Nikkei 225
38,242.35
(0.61%)
Dow Jones
43,268.94
0.06%
Iron Ore
101.50
0.23%
USD/AUD
0.65
(0.06%)
Hang Seng
19,660.07
0.19%
Askari Metals (ASX: $AS2) secures $1.377m funding for exploration
- Author: Stock Piper
Askari Metals gains crucial funding
Askari Metals (ASX:AS2) has successfully secured $1.377 million in firm commitments from investors. The company plans to raise an additional $1.075 million via a Placement and Entitlement Offer. This funding will be directed towards the Uis Lithium Project in Namibia and new uranium exploration projects in Tanzania.
Askari Metals' strategic funding initiative
Askari Metals (ASX:AS2) has secured $1.377 million and plans to raise an additional $1.075 million to fund key exploration projects. The funds will aid the exploration and development of the Uis Lithium Project in Namibia and assist in expanding into uranium exploration in Tanzania. The company aims to improve its financial standing and operational capacity. With strategic backing from existing and new investors, Askari Metals is set to enhance its project portfolio while pursuing further opportunities in Tanzania. The company is also considering a divestment strategy for its Australian exploration assets.
Executive insights on funding and projects
The completion of the Placement will help restore the company's balance sheet and provide sufficient working capital for ongoing operations.
ASKARI METALS LIMITED
AS2 | ASX | Materials
0.017-0.003(-15%)
At close 19/11 (AEDT)
Market cap
$1.7M
Volume
1,285,749
DY Yield
PE Ratio
52 Week Range
0.016 - 0.21
1YR Return
N / A
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