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    Barclay Pearce Capital
    • May 23, 2023
    • 1 min read
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    ASX Announcement: Alma Metals (ASX:ALM) - Alma raises $2M for additional drilling at the Briggs Porphyry Copper Deposit, QLD

    BPC is pleased to announce that it has completed the Alma Metals on-market placement and has officially received commitments to raise $2,000,000 before costs via a Placement at 1.0c per new share. 

     

    Announcement highlights:

    • Alma expects to publish a revised mineral resource estimate for the Briggs copper deposit in early Q3, 2023 once all assays from the recently completed drilling program have been received. 
    • The Placement amount includes Director participation of $100,000, which is subject to shareholder approval.
    • The Placement will be used to fund additional drilling at the Briggs copper deposit in Central Queensland, where recent drilling outside the inferred mineral resource intersected thick zones of porphyry-style coppermolybdenum mineralisation. 
    • Alma can earn up to 70% interest in the project.
    • The majority of the funds raised in the Placement will be committed to additional core drilling at Briggs to commence in early Q3, 2023, to evaluate further extensions to the inferred mineral resource and to evaluate highergrade zones within the resource. 

    Read the full ASX Announcement. 
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    BPC - The right people with the right solutions make for brilliant results.

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    Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261

    Barclay Pearce Capital Investment  | ACN: 667 428 480 | CAR: 1303113

    Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665

    Barclay Pearce Capital Queensland | ACN:  668 591 740 | CAR: 1304194

    Barclay Pearce Capital | ACN: 671 103 254

    Barclay Pearce Capital Communications | ACN: 659 740 217

    Barclay Pearce Capital Events | ACN: 661 642 726

    BPC UK Ltd | CRN: 14822860

    © 2024 Barclay Pearce Capital - BPC | All Rights Reserved

     

     

    Disclaimer

    Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

     

    Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.

    BPC Sydney
    Level 17, 115 Pitt Street
    Sydney NSW 2000 Australia 
    Tel:  +61 2 8288 6900

    BPC Melbourne
    Level 26, 360 Collins Street
    Melbourne VIC 3000 Australia

    BPC Adelaide
    Level 30, Westpac House
    91 King William Street
    Adelaide SA 5000 Australia

    BPC Gold Coast
    Level 4, 91 Upton Street, Bundall,
    Queensland 4217, Australia.

    BPC London
    180 Piccadilly, St. James's
    London W1J 9HF

    Email : info@barclaypearce.com.au

    Barclay Pearce - The right people with the right solutions make for brilliant results.

    Privacy Statement
    Financial Services Guide 
    Research Policy
    Complaints Management Policy
    Scam Alert

     

    Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.

    BPC Sydney Office
    Level 17, 115 Pitt Street
    Sydney NSW 2000 Australia
    Tel: +61 2 8288 6900

    BPC Melbourne Office
    Level 26, 360 Collins Street
    Melbourne VIC 3000 Australia

    BPC Adelaide Office
    Level 30, Westpac House
    91 King William Street
    Adelaide SA 5000 Australia

    BPC Gold Coast
    Level 4, 91 Upton Street
    Bundall QLD 4217 Australia

    BPC London Office
    180 Piccadilly, St. James'
    London W1J 9HF

    Email : info@barclaypearce.com.au

     

    Barclay Pearce Capital Management Pty Ltd ACN 619 189 847 | AFSL: 503261

    Barclay Pearce Capital Investment  | ACN: 667 428 480 | CAR: 1303113

    Barclay Pearce Capital Asset Management | ACN: 661 805 250 | CAR: 1302665

    Barclay Pearce Capital Queensland | ACN:  668 591 740 | CAR: 1304194

    Barclay Pearce Capital | ACN: 671 103 254

    Barclay Pearce Capital Communications | ACN: 659 740 217

    Barclay Pearce Capital Events | ACN: 661 642 726

    BPC UK Ltd | CRN: 14822860

    © 2024 Barclay Pearce Capital - BPC | All Rights Reserved

     

    Disclaimer:

    Barclay Pearce Capital Management Pty Ltd is the holder of an Australian Financial Services Licence (Number: 503261). The information provided on this website is general in nature only and does not constitute personal advice. The information has been prepared without taking into account you or your company’s objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements or other offer documents prior to making an investment decision about a financial product. The material contained on the website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell financial products.

     

    Barclay Pearce Capital acknowledges the Traditional Owners of the land where we work and live, the Gadigal of the Eora Nation and pays our respects to Elders past, present and to the children of today who are the Elders of the future. We celebrate the stories, culture and traditions of Aboriginal and Torres Strait Islander Elders of all communities who also work and live on this land.