VHM Limited (AU:VHM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
VHM Limited, an Australian rare earths and mineral sands developer, raised $3.43 million to support the advancement of its Goschen Project in Victoria. The company aims to secure capital for the project’s Final Investment Decision, with an additional agreement for up to $5 million from an institutional investor. The Goschen Project’s Environment Effects Statement is under review, and the company’s executive team saw recent changes with the appointment of a new Chief Finance Officer.
For further insights into AU:VHM stock, check out TipRanks’ Stock Analysis page.