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Asian Battery Metals Raises $6M to Fuel Mongolian Battery Metals Push

9:46am on Monday 20th of October, 2025 AEDT Mining
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Asian Battery Metals Raises $6M to Fuel Mongolian Battery Metals Push

9:46am on Monday 20th of October, 2025 AEDT
Key Points
  • Raised $6 million via placement of 142.86 million CDIs at 4.2 cents each
  • Placement oversubscribed, reflecting strong investor demand
  • Funds earmarked for exploration of copper, nickel, gold, PGE, graphite, and lithium projects
  • Due diligence ongoing for acquisition of Maikhan Uul copper-gold project
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