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Eastern Metals Limited ( (AU:EMS) ) has shared an announcement.
Eastern Metals Limited has announced that its public offer for re-compliance with ASX rules has closed oversubscribed, raising $5 million. The funds will bolster its project advancements and satisfy conditions for re-admission to the ASX, with the company actively collaborating with the exchange to finalize the process, reflecting strong investor confidence and positioning for future growth.
More about Eastern Metals Limited
Eastern Metals Limited, soon to be renamed Raptor Metals Ltd, operates within the mining and resources industry and focuses on advancing its exploration and mining projects. The company is listed on the Australian Securities Exchange (ASX).
Technical Sentiment Signal: Sell
For a thorough assessment of EMS stock, go to TipRanks’ Stock Analysis page.