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29Metals Secures $31M Retail Raise, Finalising $150M Capital Boost

8:36am on Tuesday 17th of February, 2026 AEDT Materials
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29Metals Secures $31M Retail Raise, Finalising $150M Capital Boost

8:36am on Tuesday 17th of February, 2026 AEDT
Key Points
  • Retail entitlement offer raised approximately $31 million
  • 71% take-up rate by eligible retail shareholders
  • Remaining shares underwritten by syndicate
  • Total capital raise reaches $150 million including institutional component
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