Globe Metals & Mining Limited (AU:GBE) has released an update.
Globe Metals & Mining Limited has secured a flexible financial option through a $20 million At-the-Market Equity Facility with Long State Investments over two years, to support its Kanyika Niobium Project. The company maintains complete control over the facility’s use, aimed at minimizing shareholder dilution and enhancing its funding strategy. Additionally, Long State will provide strategic advisory services to assist Globe in establishing key partnerships and off-taker relationships.
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