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Eclipse Metals Secures $2M to Boost Greenland Rare Earth Ambitions

9:23am on Tuesday 10th of June, 2025 AEST Mining
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Eclipse Metals Secures $2M to Boost Greenland Rare Earth Ambitions

9:23am on Tuesday 10th of June, 2025 AEST
Key Points
  • Oversubscribed $2 million placement at $0.015 per share
  • Existing shareholder commits $500,000, showing strong support
  • Funds earmarked for exploration, environmental baseline studies, and historical core analysis
  • Issuance of 33 million options to lead manager exercisable at $0.03
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