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Pure Resources Raises $1.7M to Unlock Jumbo Flake Graphite Potential
9:48am on Monday 15th of December, 2025 AEDT
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Mining
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Pure Resources Raises $1.7M to Unlock Jumbo Flake Graphite Potential
9:48am on Monday 15th of December, 2025 AEDT
Key Points
Raised $1.7 million via placement of 11.33 million shares at $0.15 each
Issued 3.78 million free attaching options exercisable at $0.25, expiring 2028
Funds targeted at exploration, metallurgical studies, and US downstream strategy
Completed priority and shortfall option offers totaling 36.75 million options
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Pure Resources (ASX:PR1)
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