Queensland -Ozz Metals Co. Pty Ltd. a burgeoning financial technology company specializing in cryptocurrency solutions
GOLD COAST, Australia – Jan. 25, 2024 – PRLog — Ozz Metals Ltd. Announces Coin Sale-Based Capital Raise for Gold Exploration Acquisition
Ozz Metals Ltd. is pleased to announce a coin sale-based capital raise to acquire a gold exploration company, Rapid Gold Express. This strategic move will enhance our presence in the gold mining sector by leveraging their expertise and resources. The funds raised will be allocated to various areas to support our growth plans.
Of the capital raised, $27 million will be used for the acquisition of Rapid Gold Express. This investment will strengthen our position in the gold mining industry and allow us to benefit from their knowledge and assets. Additionally, $10 million will be retained as working capital to support the completion and extension of JORC reports, the commencement of mining operations, and the construction of all-weather roads for reliable access and support for the local indigenous community.
A significant portion, $2,000,000, will be invested in the construction of state-of-the-