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Mont Royal’s Merger Ignites North America’s Rare Earths Ambitions

9:44am on Wednesday 29th of October, 2025 AEDT Mining
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Mont Royal’s Merger Ignites North America’s Rare Earths Ambitions

9:44am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Merger completed on 22 October 2025, creating a dual-listed ASX and TSXV critical minerals company
  • Raised A$10 million through a share offer to fund development and pre-feasibility studies
  • Ashram Project is one of North America’s largest monazite-hosted rare earth deposits
  • New leadership team appointed, including Nicholas Holthouse as Managing Director and CEO
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