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Prospech Ltd Completes Fully Subscribed Rights Issue, Secures $2.17 Million for Expansion

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Prospech Ltd Completes Fully Subscribed Rights Issue, Secures $2.17 Million for Expansion

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Prospech Ltd. ( (AU:PRS) ) just unveiled an announcement.

Prospech Ltd successfully closed its rights issue, raising $1.6 million, with additional funds from a top-up placement, totaling $2.17 million. This funding will support drilling programs in Finland and Slovakia and advance rare earth metallurgical work, reflecting strong shareholder support and positioning the company for future growth.

More about Prospech Ltd.

Prospech Ltd is a company operating in the exploration industry, focusing on projects in Finland and Slovakia. The company is involved in advancing rare earth metallurgical programs, aiming to enhance its market position in the rare earth sector.

Average Trading Volume: 570,583

Technical Sentiment Signal: Sell

Current Market Cap: A$8.77M

For detailed information about PRS stock, go to TipRanks’ Stock Analysis page.

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