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Rapid Lithium Raises $2M, Advances US and Canadian Critical Minerals Projects
8:58am on Wednesday 30th of April, 2025 AEST
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Mining
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Rapid Lithium Raises $2M, Advances US and Canadian Critical Minerals Projects
8:58am on Wednesday 30th of April, 2025 AEST
Key Points
Completed $2 million partially underwritten entitlement offer in December 2024
Renegotiated Ingersoll Project acquisition terms and relinquished Mateen Project interest in the US
Executed share purchase agreement for Prophet River Project in Canada targeting germanium and gallium
Recorded AUD 11.5 million impairment on Gabon assets to focus on US and Canadian operations
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