Element 25 extends Share Purchase Plan

Element 25 Limited (ASX: $E25) has announced the extension of its Share Purchase Plan (SPP) with a revised closing date of Wednesday, 26 June 2024 at 5:00pm AWST. The funds raised from the SPP will facilitate the advancement of the Butcherbird Stage 2 Expansion Project at the Butcherbird mine site in the southern Pilbara region of Western Australia. Additionally, the funds will continue to support the high purity manganese sulphate monohydrate (HPMSM) project, a collaborative initiative with General Motors LLC and Stellantis NV, to be constructed in Louisiana, USA.

Element 25's perspective on the SPP extension

The extension of the Share Purchase Plan provides our shareholders with the necessary time to evaluate their participation and make informed decisions. We are committed to utilizing the raised funds to drive the Butcherbird Stage 2 Expansion Project forward and to continue our collaboration on the HPMSM project. We appreciate the ongoing support from our shareholders and look forward to the successful implementation of these initiatives.

Summary of Element 25's Share Purchase Plan extension

Element 25 Limited (ASX: $E25) has extended its Share Purchase Plan (SPP) until Wednesday, 26 June 2024, to accommodate shareholders affected by delayed postal deliveries. The SPP offers eligible shareholders the opportunity to apply for up to $30,000 of new fully paid ordinary shares at a discounted price of $0.27 per share. The funds raised will be instrumental in advancing the Butcherbird Stage 2 Expansion Project and supporting the HPMSM project in collaboration with General Motors LLC and Stellantis NV. Shareholders are encouraged to take advantage of this opportunity to contribute to the Company's strategic projects and future growth.