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5E Advanced Materials Secures US$36M in Oversubscribed Stock Offering
3:44pm on Friday 30th of January, 2026 AEDT
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5E Advanced Materials Secures US$36M in Oversubscribed Stock Offering
3:44pm on Friday 30th of January, 2026 AEDT
Key Points
US$36 million raised through sale of 18 million common shares at US$2.00 each
Offering oversubscribed and upsized, closing expected February 2, 2026
Proceeds to fund small-scale boron facility operations and mine development
Focus on boron and lithium products for clean energy and decarbonization markets
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5E Advanced Materials (ASX:5EA)
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