Break it Down: Meteoric Resources bringing in $27M

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Sarah Hughan tells all on Meteoric Resources’ (ASX:MEI) $27M capital raise for its world-class Caldeira project, a Tier 1 ionic clay rare earth elements project in Brazil.

In addition to the placement at $0.11 a share, Meteoric is also undertaking a share purchase plan at the same offer price to raise up to $5M.

Tune in to get the latest.

While Meteoric Resources is a Stockhead advertiser, it did not sponsor this content.