Neometals Ltd Raises A$7.1 Million for Key Projects
Company Announcements

Neometals Ltd Raises A$7.1 Million for Key Projects

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

Neometals Ltd has successfully concluded its non-renounceable pro-rata entitlement offer, raising approximately A$7.1 million, including funds from a placement to institutional investors. The capital will be directed towards key projects like lithium battery recycling, lithium and vanadium technology R&D, and the Barrambie Gold and Titanium project. The new shares from the offer are set to begin trading on 7 November 2024.

For further insights into AU:NMT stock, check out TipRanks’ Stock Analysis page.

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