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European Resources Unveils $4.26M Offer to Accelerate Korsnäs Rare Earths Growth
9:14am on Tuesday 17th of March, 2026 AEDT
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Mining
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European Resources Unveils $4.26M Offer to Accelerate Korsnäs Rare Earths Growth
9:14am on Tuesday 17th of March, 2026 AEDT
Key Points
3 new shares offered for every 7 held at $0.019 each with attaching options
Offer aims to raise up to $4.26 million, partially underwritten for $2 million
Funds targeted for metallurgical test work and exploration in Finland and Slovakia
Korsnäs project resource estimate increased by 90% with promising drill results
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