Triton Completes Capital Raising for Nicanda Hill

Triton Minerals Ltd. (ASX:TON) announced that it has successfully raised about $1 million by selling approximately 7.1 million fully paid ordinary shares priced at $0.14 each.

As quoted in the press release:

Net proceeds from the Placement will be used to progress the Feasibility Study at the Nicanda Hill Project, further delineate the Mutola, Grande and Macico high grade zones at Nicanda Hill and general working capital purposes.

GMP Securities acted as Lead Manager to the Placement and Merchant Capital was a broker to the Placement.

Click here for the full Triton Minerals Ltd. (ASX:TON) press release