Mila raises £1.5m for Queensland drilling, with additional warrant dilution
Mila announced an oversubscribed £1.5m gross placing on 7 September 2026, issuing 125 million shares at 1.2p. Where the money goes Proceeds target resource drilling at Yarrol, copper-gold exploration at Monal, additional regional targets and working capital. The company still targets a maiden Yarrol mineral-resource estimate in Q4 2026. Admission is expected 11 September. Enlarged ordinary share capital would be 862,560,922 shares; placing shares represent approximately 14.49% of that total. War
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