It is also anticipated that the Placement will be followed by a further capital raising currently anticipated to take the form of an Entitlement Offer. Funds raised from any follow-on capital raising will be used to support the continued exploration at Mt Clere Rare Earths Project and King Tamba as well as working capital. The Company will release a further announcement setting out the details of any follow-on capital raising in the coming days.
KTA Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
