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South Harz Potash Advances Sollstedt Acquisition, Raises A$500K Amid Funding Push

4:26am on Monday 2nd of June, 2025 AEST Mining
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South Harz Potash Advances Sollstedt Acquisition, Raises A$500K Amid Funding Push

4:26am on Monday 2nd of June, 2025 AEST
Key Points
  • Negotiations and due diligence ongoing for Sollstedt mine acquisition with exclusivity extended to July 2025
  • A$500,000 raised through equity placement, including significant director participation
  • Engagement of Cutfield Freeman & Co to explore project funding and strategic partnerships
  • Applications lodged for German R&D tax rebates and European Raw Materials Alliance funding
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