Share Placement Raises A$3m
Filed with ASX · · 1 page · English
Summary by 6ix AI
The placement will support the advancement of the Nolans Neodymium-Praseodymium Project and general working capital needs. The company plans to commence project execution readiness in the near future, including tendering for engineering and construction contracts.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Arafura Rare Earths Limited on 6ix
In the deck
Story so far
Earlier from Arafura Rare Earths
- Progress Towards Rare Earth Product Offtake Agreements
- Progressing discussions for Financial Support from NAIF
- Nolans Project Definitive Feasibility Study
- Placement Raises A$1 Million
- Successful operation of Nolans Phase 6 Pilot Plant
Later from Arafura Rare Earths
- Transformational Equity Raising
- Offer Booklet
- First Issue of Shares - Entitlement Offer
- Second Issue of Shares- Entitlement Offer
- Arafura completes $23.2m Entitlement Offer
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