Mincor Resources Announces A$60 Mln Capital Raise To Accelerate Development And Exploration

Mincor Resources NL (MCR.AX):

• A$60 MLN CAPITAL RAISE TO ACCELERATE DEVELOPMENT AND EXPLORATION

• NON-UNDERWRITTEN SHARE PURCHASE PLAN TARGETING TO RAISE A$5 MILLION

• UNDERTAKING A FULLY UNDERWRITTEN PLACEMENT OF A$55M AT A$1.39/SHARE

• PROCEEDS FROM CAPITAL RAISE WILL BE USED TO ACCELERATE ACCESS DEVELOPMENT INTO GOLDEN MILE ORE RESERVE, AMONG OTHERS