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European Resources Raises $2.57M via Rights Issue to Fund Exploration and Metallurgical Work
9:50am on Wednesday 13th of May, 2026 AEST
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Mining
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European Resources Raises $2.57M via Rights Issue to Fund Exploration and Metallurgical Work
9:50am on Wednesday 13th of May, 2026 AEST
Key Points
Rights issue raises $2.57 million before costs
171.4 million new shares and equal options issued
Directors fully subscribed, signalling strong confidence
Funds allocated to Finnish and Slovakian exploration
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European Resources (ASX:ERE)
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