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Sunrise Energy Metals Raises A$46m to Kickstart Syerston Scandium Pre-Construction
11:41am on Monday 17th of November, 2025 AEDT
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Mining
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Sunrise Energy Metals Raises A$46m to Kickstart Syerston Scandium Pre-Construction
11:41am on Monday 17th of November, 2025 AEDT
Key Points
A$46 million placement at $4.25 per share to fund pre-construction
Unlisted options issued on a 1-for-1 basis with two-year expiry
Directors including Robert Friedland and Sam Riggall participating subject to shareholder approval
Funds allocated to engineering, site utilities, drilling, and early equipment contracts
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