Element 25 Share Purchase Plan Completion Announcement

Element 25 Limited (ASX: $E25) has confirmed the successful completion of its Share Purchase Plan (SPP) after the closing of applications on Wednesday, 26 June 2024. The SPP proceeds will be utilized to advance the Company's prime projects at the Butcherbird mine site in the southern Pilbara region of Western Australia, as part of the Butcherbird Stage 2 Expansion Project. Additionally, the funds will continue to support the high purity manganese sulphate monohydrate (HPMSM) project in Louisiana, USA, in collaboration with General Motors LLC and Stellantis NV.

Executive Commentary on Share Purchase Plan Completion

The completion of the Share Purchase Plan marks a significant milestone for Element 25. The proceeds will play a crucial role in driving the Butcherbird Stage 2 Expansion Project and the HPMSM project in the USA. We are pleased with the participation of all eligible Directors in the SPP, reflecting their confidence in the Company's strategic initiatives and future prospects.

Summary of Element 25 Share Purchase Plan Completion

Element 25 (ASX: $E25) has successfully concluded its Share Purchase Plan, with the proceeds earmarked to advance the Butcherbird mine site expansion and the HPMSM project in the USA. The Company's focus on becoming a leading, low-carbon battery materials manufacturer is evident through its strategic partnerships and ambitious projects. The issuance of new shares under the SPP is expected to further strengthen Element 25's position as it progresses towards its corporate goals and endeavors.