Stellar Resources raising $3.2 million aided by cornerstone investor Nero Resources Fund [Video]

Stellar Resources Ltd (ASX:SRZ) chairman Simon Taylor sits down with Proactive’s Jonathan Jackson to discuss the company’s $3.2 million capital raise in which cornerstone investor Nero Resources Fund participated. Taylor talks about the significance of Nero’s $2.4 million investment and how it was attracted by the strength of Stellar’s assets as well as the recent board changes that have freshened up the company. Taylor explains how pleasing the raise is in light of the current difficulties for junior miners to access capital. Money raised will be used to fund exploration and development of the company’s portfolio of projects including the advanced Heemskirk tin and North Scamander polymetallic projects.
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