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Apollo raises US$4.6 million for exploration

Apollo Minerals (AU:AON) has raised A$6 million (US$4.6 million) through an institutional placement to accelerate planned exploration programmes.

Apollo raises US$4.6 million for exploration Apollo raises US$4.6 million for exploration Apollo raises US$4.6 million for exploration Apollo raises US$4.6 million for exploration Apollo raises US$4.6 million for exploration

The funds will go towards exploration at the Couflens project in France

The company, which has started consolidating its position across the Pyrenees region on the border of France and Spain, said it had concluded a placement with the issue of 26.