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    ARU — Arafura Rare Earths News Story

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    Brief: Arafura Launches A$20M Placement And A$7M SPP

    Picture of Arafura Rare Earths logoArafura Rare Earths
    24/07/2024 09:19
    July 24 (Reuters) - Arafura Rare Earths Ltd  ARU.AX :
    * ARAFURA LAUNCHES A$20M PLACEMENT AND A$7M SPP
    * CAPITAL RAISING EXPECTED TO SUPPORT ADVANCEMENT OF FUNDING
INITIATIVES
    * CAPITAL RAISING PROVIDES A SUFFICIENT CASH RUNWAY THROUGH
TO
MID-2025
    * FUNDS RAISED WILL ALSO BE UTILISED FOR ACTIVITIES
NECESSARY TO
SUPPORT CRITICAL PATH ACTIVITIES, OTHERS


Further company coverage:  ARU.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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