Arrow Minerals has received commitments from new investors and existing shareholders and shareholders for a total amount of 10 million Australian dollars ($6.6 million).

Arrow Minerals said the funds will be raised through an equity investment and then allocated to its Simandou Nord iron ore project. Over the 12 months, Arrow plans to conduct a variety of exploration work, including 10 to 000 style="font-family: "Bookman Old Style”, "serif"> 15 000 m è drill bits. Part of the funds will be used to finance the purchase of interests not yet held by Arrow in Simandou Nord, bringing the company's stake in the project to 100%, compared to 33.3% interest currently