PROJECT FINANCE

Dual wins for Element 25

ASPIRING manganese miner Element 25 has raised almost A$12 million and started finalising its offtake agreement for the Butcherbird operation in Western Australia’s Pilbara region.

Butcherbird

Butcherbird

Investors have backed a $9.75 million placement, with $309,000 coming from E25's senior executives.   The placement was priced at 78c per share, a 9.5% discount. It last raised $5 million at 40c per...

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