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ETM Secures A$9.35m to Propel Greenland’s Kvanefjeld Rare Earths Project
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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ETM Secures A$9.35m to Propel Greenland’s Kvanefjeld Rare Earths Project
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Raised A$9.35 million via institutional placement at A$0.068 per share
Strong support from global investors, adding new international shareholders
Funds allocated to expand Greenland operations and update project parameters
Pro forma cash position strengthened to A$20 million post-placement
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