Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Triton Minerals Finds Strong Support For Its Shares

Triton Minerals (ASX:TON) has been able to raise additional funds due to strong demand for its shares from existing and new strategic shareholders from around Australia and internationally.

Originally intending to raise $1 million at $0.055 per share, Triton has raised an additional $113,392 from investors.

The additional funds will also be utlised to fund the expanded drilling program at the Balama North project, which is currently focused on the Cobra Plains prospect in License 5365.

The initial results from the drilling program continue to be encouraging with signs of significant graphitic mineralisation.

Funding will allow further drill testing of the the Cobra Plains prospect with the aim of obtaining a better understanding of graphite mineralization zones.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.