Placement to fund Pomme REE-Nb Project Exploration
Filed with ASX · · 4 pages · English and French
Summary by 6ix AI
The company received firm commitments for a two-tranche placement of new shares to raise gross proceeds. Funds will primarily support the maiden diamond drill program at the recently acquired project in Canada. The placement has strong backing from both new and existing investors, including company employees and directors.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
• Proceeds from the Placement will primarily be applied towards the Company’s maiden diamond drill program at its recently acquired Pomme rare earth element (REE) and niobium (Nb) project, located in Québec, Canada • Pomme is host to a known carbonatite-hosted mineralisation with two historic drill holes (completed 2012), including: o MVX-12-01 - 508.3m @ 0.43% TREO, 413ppm Nb2O5 and 1.48% P2O5, f
Earlier from Metallium
- Advanced Carbonatite REE Project Acquired
- Drilling Commenced at East Laverton to test REE and Au
- Soil Sampling Results Highlight Additional REE Potential
- Heritage Survey Completed at REE and Gold Targets
- Non-Renounceable Entitlement Offer Completed
Later from Metallium
- Pomme REE Project drill program update
- REE-Nd Diamond Drilling Permit Approved
- Quarterly Activities/Appendix 4C Cash Flow Report
- Drone Mag Survey Complete - REE Project Quebec
- Drilling Confirms REE Mineralisation at E Laverton
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