West Perth-based mineral explorer Precious Metals Australia Ltd has raised $2.7 million through a share purchase plan, closing oversubscribed by 80 per cent and bringing its total capital raised over summer to $51.2 million.

West Perth-based mineral explorer Precious Metals Australia Ltd has raised $2.7 million through a share purchase plan, closing oversubscribed by 80 per cent and bringing its total capital raised over summer to $51.2 million.