middle.news
ETM Raises A$24.7m to Power Greenland Rare Earths and Global Expansion
10:02am on Friday 30th of January, 2026 AEDT
•
Mining
Read Story
ETM Raises A$24.7m to Power Greenland Rare Earths and Global Expansion
10:02am on Friday 30th of January, 2026 AEDT
Key Points
A$24.7 million placement at A$0.13 per share with institutional backing
Funds to support Greenland operations, Penouta acquisition, and US strategy
Pro forma cash position of A$56.59 million post-placement
Placement shares represent a 23.5% discount to recent trading price
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Energy Transition Minerals (ASX:ETM)
OPEN ARTICLE