- Alta Zinc (AZI) has completed its oversubscribed share purchase plan (SPP) raising $2 million
- The company was originally aiming to raise $500,000, but ended up increasing the size of the SPP by $1.5 million
- The SPP and AZI’s placement, completed on August 27, brings the total amount raised to $5.6 million
- Alta Zinc will use the funds to develop its Gorno Zinc Project in Italy
- Gorno formerly included three separate base metal exploration licences, but now these have been merged into one
- Company shares remain steady and are trading for 0.6 cents per share
