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IRIS Metals Secures $4.27M to Accelerate South Dakota Lithium Push
9:28am on Thursday 31st of July, 2025 AEST
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Mining
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IRIS Metals Secures $4.27M to Accelerate South Dakota Lithium Push
9:28am on Thursday 31st of July, 2025 AEST
Key Points
Placement raises $4.267 million at A$0.085 per share
Board and management commit approximately $500,000 subject to approval
Funds allocated to drilling, feasibility studies, and regulatory compliance
Feasibility study targeted for completion in Q1 2026
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IRIS METALS (ASX:IR1)
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