Perpetual Resources Secures $1M for Brazilian Projects

Perpetual Resources Ltd. (AU:PEC) has released an update.

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Perpetual Resources Ltd has successfully raised $1 million through a placement, reflecting strong investor confidence in their exploration projects in Brazil. The funds will primarily advance the Isabella Lithium Project and the Raptor REE Project, with significant developments expected in 2024-2025. This strategic move highlights Perpetual’s commitment to strengthening its foothold in the critical minerals sector.

For further insights into AU:PEC stock, check out TipRanks’ Stock Analysis page.

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