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Elementos Secures $29.5M Boost from L1 Capital to Advance Oropesa Tin Project
10:32am on Tuesday 17th of February, 2026 AEDT
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Elementos Secures $29.5M Boost from L1 Capital to Advance Oropesa Tin Project
10:32am on Tuesday 17th of February, 2026 AEDT
Key Points
Strategic $29.5 million placement to L1 Capital at $0.34 per share
L1 Capital to hold nearly 20% stake in Elementos post-placement
Funds earmarked for Oropesa Tin Project, Iberian Smelting, and Cleveland Project
Placement price reflects premium to prior raise and slight discount to recent share price
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ELEMENTOS (ASX:ELT)
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