Xenora Minerals has bolstered its balance sheet with a $3 million capital raise while progressing exploration at its Dudley Lithium Project. The company also completed a major share consolidation and refreshed its board leadership.
Xenora Minerals has identified new high-priority lithium drilling targets at its Dudley Project following an independent geochemical review, with infill sampling set for October and an expanded drilling campaign planned for early 2026.
Xenora Minerals has successfully raised $2.1 million through a two-tranche placement to fund ongoing exploration at its Dudley Lithium Project in South Australia, positioning the company with a strong cash balance heading into the final quarter of 2025.