Narryer Metals Launches Discounted Share Purchase Plan

Narryer Metals Limited (AU:NYM) has released an update.

Narryer Metals Limited is offering a Share Purchase Plan (SPP) that allows eligible shareholders in Australia and New Zealand to purchase shares at a 14.8% discount to the market price, aiming to raise up to $500,000. This initiative follows a successful placement of shares to institutional investors, raising $1.49 million. The funds will be directed towards the exploration of the Rocky Gully Critical Minerals Project and other business ventures.

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