Okapi Resources Raises $2.5m to fund exploration programs
- Okapi Resources (OKR) receives binding commitments to raise $2.5 million through a placement to fund exploration
- This includes the diamond drilling program at its Enmore gold project in New South Wales and the Athabasca North American summer exploration program
- A total of 16.6 million new shares will be issued at a price of 15 cents each
- Each new share subscribed for will come with one attaching option, exercisable at 30 cents and expiring in two years
- Shares are trading flat on market close at 18 cents each
