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Gold Mountain Raises $3.5M to Accelerate Brazil Rare Earth Exploration
8:46am on Monday 29th of September, 2025 AEST
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Mining
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Gold Mountain Raises $3.5M to Accelerate Brazil Rare Earth Exploration
8:46am on Monday 29th of September, 2025 AEST
Key Points
Non-renounceable entitlement offer to raise $1.5 million at $0.05 per share
Placement of 30.4 million shares raising approximately $2 million
Funds primarily allocated to exploration projects in Brazil and Papua New Guinea
Offer fully underwritten by substantial shareholder José Luis Manzano
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