middle.news
How Arafura’s A$475 Million Placement Could Transform the Nolans Project
9:57am on Wednesday 29th of October, 2025 AEDT
•
Mining
Read Story
How Arafura’s A$475 Million Placement Could Transform the Nolans Project
9:57am on Wednesday 29th of October, 2025 AEDT
Key Points
A$475 million raised via two-tranche institutional placement at A$0.28 per share
Hancock Prospecting commits ~A$125 million, increasing stake to ~15.7%
Tranche two and share purchase plan subject to shareholder approval at December EGM
Share purchase plan targeting up to A$70 million at same offer price
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Arafura Rare Earths (ASX:ARU)
OPEN ARTICLE