Diatreme Resources Limited announced that it expects to receive AUD 10 million in funding from Ilwella Pty Ltd and other investors
Diatreme Resources Limited announced a private placement of 434,782,609 common shares at a price of AUD 0.023 per share for gross proceeds of AUD 10,000,000 on September 6, 2021.The transaction will include participation from to strategic, sophisticated and professional investors including returning investor,Ilwella Pty Ltd for 3,500,000 shares. The transaction is expected to close on or around September 13, 2021.