The Board of Directors of Aus Tin Mining (ASX:ANW; the Company) is pleased to advise that the Company has entered into binding arrangements with a number of sophisticated and professional investors to raise a total of $1.45 million by way of private placement at a price of $0.01 per share. Funds raised will be used to accelerate development and exploration at the Company’s projects (notably Mt Cobalt), provide working capital and meet the costs of the raising. Fiscus Capital Pty Ltd was Lead Manager to the placement supported by Martin Place Securities Pty Ltd.
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