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Encounter Resources Raises A$25M to Fast-Track Critical Mineral Projects
9:24am on Thursday 30th of October, 2025 AEDT
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Mining
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Encounter Resources Raises A$25M to Fast-Track Critical Mineral Projects
9:24am on Thursday 30th of October, 2025 AEDT
Key Points
A$25 million placement at A$0.45 per share secured from institutional investors
Funding to accelerate drilling and development at Aileron niobium-REE project
Expansion of copper exploration in Paterson Province and Northern Territory
Pro forma cash position boosted to approximately A$38 million
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Encounter Resources (ASX:ENR)
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