Established Australian copper producer, Aeris Resources Limited (ASX: AIS) has launched a $35.1 million equity raising to accelerate exploration programs at Tritton and Torrens and significantly strengthen Aeris’ financial position to deliver a pathway to growth and unlock shareholder value. The fully underwritten equity raising comprises an Institutional Placement to raise approximately $8.4 million and a 1 for 2.1 Accelerated Non-Renounceable Entitlement Offer to raise approximately $26.7 million.
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