Eclipse Metals Ltd. (AU:EPM) has released an update.
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Eclipse Metals Ltd. is launching a non-renounceable rights issue to raise approximately $1.144 million, offering eligible shareholders the chance to acquire new shares at $0.002 each. This fundraising initiative aims to bolster the company’s strategic mineral projects, including efforts in Greenland and Australia’s Northern Territory. The move is set to enhance their financial standing and accelerate the development of critical mineral resources crucial for sustainable energy solutions.
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