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Sunrise Energy Metals Secures A$32.5M to Propel Syerston Scandium Project
9:06am on Tuesday 16th of December, 2025 AEDT
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Mining
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Sunrise Energy Metals Secures A$32.5M to Propel Syerston Scandium Project
9:06am on Tuesday 16th of December, 2025 AEDT
Key Points
A$32.5 million placement at $6.50 per share with attaching unlisted options
Placement price at 33% premium to prior raise and slight discount to recent share price
Funds earmarked for pre-construction activities targeting mid-2026 on-site start
Total capital raised since June 2025 now at A$105 million
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