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Altona Rare Earths Raises £507,450 to Advance Monte Muambe

Summary by theassay.com
Altona Rare Earths PLC (LSE: REE) has raised £507,450 through a combination of a share subscription and warrant exercises. The fundraising consists of £407,450 from new subscriptions and a further £100,000 from warrant exercises, with directors including CEO Cédric Simonet and CFO Louise Adrian participating via cash and salary sacrifice. The blended issue price for the new ordinary shares was set at 1.5 pence, offering a slight discount to the …
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theassay.com broke the news in on Friday, August 15, 2025.
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