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Element 25 Raises AU$2.85M at 13% Premium to Boost Working Capital

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Element 25 Raises AU$2.85M at 13% Premium to Boost Working Capital

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • AU$2.85 million raised via at-the-market subscription agreement
  • 8.7 million shares issued at AU$0.3275 each, a 13% premium to recent VWAP
  • Share issuance approved at November 2024 AGM
  • Funds earmarked for working capital to support ongoing operations
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