Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia
Tertiary Minerals Raises £100,000 to Advance Mushima North Silver-Copper-Zinc Exploration in Zambia AIM-listed Tertiary Minerals has raised £100,000 before expenses through a share placing arranged by its joint broker, Peterhouse Capital. The placement involved 153.8 million new ordinary shares, issued exclusively to Stuart Packwood, a significant existing shareholder. Proceeds will be used to fund upcoming exploration work at the company’s Target A1 silver-copper-zinc prospect, part of the Mushima North project in Zambia. Following the placing, the new shares represent approximately 3.01% of Tertiary’s enlarged issued share capital. Upon admission, Packwood’s…
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