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Elementos Raises $5M from Metals X, Appoints Two New Directors

1:49am on Monday 2nd of June, 2025 AEST Mining
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Elementos Raises $5M from Metals X, Appoints Two New Directors

1:49am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised $5 million via private placement at $0.0848 per share
  • Issued over 58 million new shares to Metals X Limited
  • Appointed Metals X executives Brett Smith and Daniel Broughton as directors
  • Placement complies with Australian Corporations Act disclosure requirements
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