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Victory Metals Raises $4M to Fast-Track North Stanmore Rare Earths Project
1:30am on Monday 2nd of June, 2025 AEST
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Mining
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Victory Metals Raises $4M to Fast-Track North Stanmore Rare Earths Project
1:30am on Monday 2nd of June, 2025 AEST
Key Points
Placement raises $4 million at $0.73 per share, a 15% discount
Strong backing from top 20 shareholders and company leadership
Funds to accelerate Pre-Feasibility Study and project development
Placement includes shares to investors and directors, plus unlisted options
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Victory Metals (ASX:VTM)
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