Narryer Metals Limited (AU:NYM) has released an update.
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Narryer Metals Limited successfully raised $650,000 through a share placement to fund drilling activities at its Rocky Gully project. The funds will enable the exploration of scandium and rare earth elements (REE) at the Ivar Prospect and assess new business opportunities. The placement, which was a discount to recent trading prices, saw strong support from major shareholders and was managed by Morgans Financial Limited.
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