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Arafura Raises A$70.2M in First Tranche of Major Placement
11:38pm on Friday 29th of August, 2025 AEST
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Arafura Raises A$70.2M in First Tranche of Major Placement
11:38pm on Friday 29th of August, 2025 AEST
Key Points
Completion of A$70.2 million tranche 1 placement
369.6 million new shares issued to institutional investors
Tranche 2 involves 51.4 million shares raising A$9.8 million
Second tranche subject to shareholder approval
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ARAFURA RARE EARTHS (ASX:ARU)
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