Litchfield Minerals (ASX:LMS) raised AU$527,000 through a short fall offer, which will be used to start drilling at the company's Northern Territory project this month, according to a Thursday filing with the Australian bourse.
Shares of the company rose 10% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.