Challenger raises funds, secures more land
ASX-listed Challenger Exploration has announced a A$42.1-million capital raise to fund the acquisition of the remaining 25% interest in its Hualilan gold project, in Argentina. The company on Tuesday told shareholders that it has been formally granted the 20.6 km2 Ayen exploration license surrounding the existing Hualilan mining licenses, and has been awarded three additional exploration licenses over 12.6 km2 adjoining the new Ayen exploration license.