ASX-listed shares of Mithril rise on funding for Mexico project exploration

ASX-listed shares of Mithril Silver and Gold MTH.AX gain as much as 8% to A$0.475 to hit its highest since June 30

Precious metals explorer to raise up to C$11.5 million ($8.06 million) at issue price of C$0.36 per share (A$0.401 per share)

Says offer price represents about 8% discount to MTH's last close

Funds to advance Copalquin gold and silver exploration project in Mexico

Stock up 12.5% YTD, including moves in current session