GEO Exploration Limited (LSE:GEO) has successfully completed a capital raise of £1,109,000 through a placement of new ordinary shares, attracting strong support from institutional and high-net-worth investors. The proceeds are intended to fund ongoing operational activities, excluding the maiden drill campaign at the Juno Project. The successful raise underscores investor confidence in GEO’s strategic direction and highlights the company’s focus on long-term value creation, reflected in the notable increase in share price relative to prior fundraises.
About GEO Exploration Limited
GEO Exploration Limited is a resource exploration company with a focus on developing mineral projects. Its key operations include the Juno Project, which represents a central area of exploration interest for the business.
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