OSM: Rights Issue - Close of Offer & Subscriptions

OSMOND RESOURCES LIMITED

• Right Issue closes raising A$920,000 with support from existing shareholders and Directors.
• Funds from the issue to be predominantly allocated to the Salt Wells Lithium-Borate Project in Nevada U.S.
• Osmond aims to quickly define an exploration program, with a targeted maiden drilling program to commence in 2H CY2023.

2023-06-16 09:13:00

OSM: Site Visit Completed to U.S. Lithium-Borate Project

OSMOND RESOURCES LIMITED

• Successful site visit to Salt Wells lithium-borate Project in Nevada, U.S.A., with valuable input from local experts.
• Previously undiscovered geophysical data and drilling information highlights prospective targets.
• Osmond Resources plans to commence targeted maiden drilling program in 2H CY2023 and raise approximately $2.3 million through a Non-renounceable Rights Issue.

2023-06-13 09:25:00

OSM: Osmond to Acquire U.S. Lithium-Borate Project

OSMOND RESOURCES LIMITED

• Osmond Resources has entered into an agreement to acquire the Salt Wells lithium-borate project in Nevada, US, a strategic move for clean energy economies.
• The acquisition complements Osmond's existing projects, with plans to quickly define an exploration program and commence maiden drilling in 2H CY2023.
• Osmond aims to raise approximately $2.3 million through a non-renounceable rights issue to fund the exploration of the Salt Wells Project.

2023-05-22 10:37:00

OSM: Base Metals and TREO anomalism confirmed at Sandford

OSMOND RESOURCES LIMITED

1. Zinc-Lead -Copper -Barium-Sulphur and TREO anomalism identified in soils assays at the Sandford Project, western Victoria
2. Base metals anomalism in soils associated with magnetic anomaly undercover within NW -SE regional structure zone suggesting potential SEDEX style target
3. TREO anomalism confirmed in separate target with peak values >1000 ppm

2023-01-03 09:55:00