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Meteoric Secures $42.5M to Propel Caldeira Rare Earth Project Forward
9:48am on Wednesday 23rd of July, 2025 AEST
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Mining
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Meteoric Secures $42.5M to Propel Caldeira Rare Earth Project Forward
9:48am on Wednesday 23rd of July, 2025 AEST
Key Points
Oversubscribed $42.5 million placement at $0.14 per share
Strong institutional demand including North American cornerstone investors
Funds to advance Caldeira Project’s feasibility studies and pilot plant
Pro-forma cash position to reach approximately $53.5 million post-settlement
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Meteoric Resources (ASX:MEI)
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