middle.news

How Will ASM’s A$13M Raise Accelerate Its US and Korean Expansion?

9:30am on Monday 28th of July, 2025 AEST Materials
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Australian Strategic Materials (ASX:ASM)
OPEN ARTICLE