Globe Metals received commitments for an AU$1.55 million placement

Globe Metals & Mining Limited (ASX: GBE) announced it had received firm commitments from sophisticated and professional investors to raise AU$1.55 million through a two-tranche share placement at AU$0.0635 per share. Viriathus Capital Pty Ltd has been working as Lead Manager of the Placement.

Participants in the Placement will also receive one free-attaching option for every 5 subscribed shares. Each option will have an exercise price of AU$0.13 and be exercisable on or before 30 November 2025. The company will use the Placement funds to undertake engineering and processing finalization studies ahead of progression to first-phase production and additional working capital.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com