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How Will 5E Advanced Materials Deploy $8.31M to Boost Boron Production?

10:02pm on Friday 29th of August, 2025 AEST Materials
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How Will 5E Advanced Materials Deploy $8.31M to Boost Boron Production?

10:02pm on Friday 29th of August, 2025 AEST
Key Points
  • Public offering of 2.37 million shares at $3.50 each
  • Gross proceeds of approximately $8.31 million before fees
  • Funds allocated to boron facility operations, wellfield development, and FEL-3 engineering planning
  • Offering managed by Konik Capital Partners, expected to close August 25, 2025
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