Neometals Launches Capital Raising Effort

Neometals Ltd (AU:NMT) has released an update.

Neometals Ltd has announced a capital raising initiative comprising a placement of new shares to select investors and an entitlement offer for current shareholders. The offer, detailed in a recent presentation, is not underwritten and is intended for independent investor review, lacking any guarantee of accuracy or completeness by Neometals. Potential investors are advised to conduct their own inquiries and decisions regarding Neometals’ financial position and prospects.

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