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How Will ASM’s A$13M Raise Accelerate Its US and Korean Expansion?
9:30am on Monday 28th of July, 2025 AEST
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How Will ASM’s A$13M Raise Accelerate Its US and Korean Expansion?
9:30am on Monday 28th of July, 2025 AEST
Key Points
A$13 million raised via institutional placement at A$0.5647 per share
Total capital raised reaches A$24.9 million including oversubscribed Share Purchase Plan
Cornerstone support from major shareholders and new institutional investors
Funds earmarked for US metallisation facility expansion and Korean plant ramp-up
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Australian Strategic Materials (ASX:ASM)
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