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Elevate Uranium Secures $25M to Fast-Track U-pgrade™ Pilot and Drilling Expansion
9:50am on Friday 31st of October, 2025 AEDT
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Mining
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Elevate Uranium Secures $25M to Fast-Track U-pgrade™ Pilot and Drilling Expansion
9:50am on Friday 31st of October, 2025 AEDT
Key Points
Placement raises $25 million at $0.35 per share
Pro-forma cash position strengthened to approximately $43.9 million
Funds allocated to U-pgrade™ pilot plant acceleration and resource drilling
Strong institutional investor support validates company strategy
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Elevate Uranium (ASX:EL8)
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