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Latrobe Magnesium Surpasses $830K in Oversubscribed Share Plan to Boost Production

3:08am on Monday 2nd of June, 2025 AEST Materials
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Latrobe Magnesium Surpasses $830K in Oversubscribed Share Plan to Boost Production

3:08am on Monday 2nd of June, 2025 AEST
Key Points
  • Share Purchase Plan raised $836,800, oversubscribed beyond target
  • 76 million shares issued at $0.011 each
  • Funds allocated to working capital for magnesium oxide production
  • Demonstration Plant commissioning planned for 2025
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