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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 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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