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Technology Metals Australia (ASX:TMT) Capital Raise Announcement with MD Ian Prentice | May 2023

24 May 2023VideosASX:TMT, Client Videos, Interview

Transcript:

Ian Prentice:

Hi, I’m Ian Prentice, the Managing Director of Technology Metals Australia.

We’ve just announced the close of an $11.5 million capital raise, which was cornerstoned by our major shareholder Resource Capital Funds.

So Resource Capital Funds have actually increased their position in the company, which in our opinion is a really strong endorsement of what we’re doing in the development of our Murchison Technology Metals Project.

But really importantly we also have attracted the investment of a couple of other key
strategic institutions.

And really part of our strategy as we grow and build our company is bringing those strong partnerships into the business.

So very, very pleased with the outcome of our capital raise.

Now the funds from this will really enable us to move smoothly into the construction
phase of our project.

So we want to be construction ready as we move through the final stages and get all the approvals and permitting in place to move into that construction phase.

So really, really positive move for the company to have this extra capital at hand.

For further information on the company, the project and this recent announcement, please
go to our website or look up our socials.

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