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Recharge Metals Launches $2.06M Rights Issue Amid $3.97M Placement and Sunset Well Buy
10:02pm on Monday 23rd of February, 2026 AEDT
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Mining
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Recharge Metals Launches $2.06M Rights Issue Amid $3.97M Placement and Sunset Well Buy
10:02pm on Monday 23rd of February, 2026 AEDT
Key Points
Pro-rata non-renounceable entitlement issue to raise $2.06 million
Concurrent $3.97 million placement to sophisticated investors and directors
Acquisition of Sunset Well Project with 260 million shares as consideration
Funds allocated primarily to exploration across multiple projects and working capital
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RECHARGE METALS (ASX:REC)
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