Auteco Minerals: Confirms $30.4M placement to fund Pickle Crow exploration
- Auteco Minerals (AUT) has confirmed it will undertake a fully underwritten placement to raise roughly $30.4 million
- This comes off the back of the company entering a trading halt this morning
- 225 million new fully paid ordinary shares will issued at 13.5 cents each
- The issue price represents a 10 per cent discount to the last closing price on Friday, July 3, of 15 cents
- Funds will go towards accelerating exploration activities at the Pickle Crow Gold Project in Ontario, Canada
- Shares remain in a trading halt, last trading for 15 cents each on July 3
