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Eclipse Metals Secures $4M to Boost Greenland Rare Earths Drilling and NASDAQ Bid
9:54am on Monday 13th of October, 2025 AEDT
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Mining
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Eclipse Metals Secures $4M to Boost Greenland Rare Earths Drilling and NASDAQ Bid
9:54am on Monday 13th of October, 2025 AEDT
Key Points
Raised $4 million via placement to institutional and sophisticated investors
Funds to accelerate diamond drilling and JORC-compliant resource upgrade in Greenland
Supports preparation for potential NASDAQ dual listing and U.S. regulatory compliance
Placement includes shares at $0.03 with attaching options exercisable at $0.05
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Eclipse Metals (ASX:EPM)
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