Lunnon raises A$18M to advance exploration and potential pre-development activities at its Kambalda Nickel Project.

Argonaut acted as Joint Lead Manager to the A$18 million Placement of Lunnon Metals Limited (ASX:LM8) to ensure the Company is well funded for planned exploration at the Foster & Baker area along with the Silver Lake & Fisher area as well as and potential pre-development activities.

The Placement was strongly supported from institutional and sophisticated investors along with existing shareholders.

Argonaut is delighted to support Lunnon and looks forward to Lunnon’s ongoing success.

Additional information regarding Lunnon can be found on the Company’s website at https://www.lunnonmetals.com.au/