[ad_1]
Ionic Uncommon Earths Restricted (“IonicRE” or the “Firm”) (ASX: IXR) has obtained a vote of confidence in its world growth technique, efficiently finishing its Renounceable Rights Problem (“Rights Problem”) introduced on 12 September 2025, closed on 9 October 2025 (“Closing Date”), and an extra Placement (“Placement”) which had been strongly supported by current and new shareholders.
- Profitable completion of the $6.1 million Renounceable Rights Problem, which closed closely oversubscribed;
- Observe-on $9.5 million Placement accomplished to accommodate extra demand, supported by home and worldwide institutional traders;
- $3 million strategic funding from U.S.-based Argentem Creek Companions, a specialist funding agency with a worldwide presence and expertise throughout the important minerals, fintech and industrial sectors; and
- Funds to help IonicRE’s world magnet recycling growth, together with improvement of Belfast magnet recycling plant, advancing Brazilian uncommon earths three way partnership Viridion and different growth alternatives throughout North America, Europe and Asia.
Amid an elevated world give attention to the uncommon earths sector, the Rights Problem raised roughly $6.1 million (earlier than prices) and closed closely oversubscribed. To accommodate a few of the extra demand and safe new home and worldwide institutional traders, the Firm positioned an extra $9.5 million (earlier than prices), together with the beforehand introduced $1.125 million.
The Placement was accomplished on the identical phrases because the Rights Problem, with the brand new shares being issued at a difficulty value of 1.6 cents every. One possibility is being issued for each new share subscribed for (at no further concern value) exercisable at 2.5 cents earlier than 30 September 2028, with software for these choices to be listed.
The position was anchored by a $3 million strategic funding from U.S.-based Argentem Creek Companions (“Argentem”), a specialist funding agency with expertise in important minerals, vitality transition performs, know-how, and industrial sectors.
The worldwide uncommon earths sector has obtained elevated investor consideration following China’s 9 October 2025 choice to additional prohibit entry to uncommon earths, requiring each international and home corporations to acquire particular licences for the export of “dual-use gadgets” with each civilian and navy functions. In response, on 10 October, U.S. President Donald Trump introduced an extra 100% tariff on Chinese language imports, doubtlessly ranging from 1 November 2025.
IonicRE Govt Chairman, Mr Brett Lynch stated he was delighted by the overwhelming response from traders to the Rights Problem and Placement and the strategic funding from Argentem.
“I wish to thank each new and current traders for his or her super help of the Rights Problem and Placement. They’ve delivered an enormous vote of confidence in IonicRE and our world growth technique, as we construct an industrial enterprise at scale in creating safe and sustainable ex-China uncommon earth provide chains,” Mr Lynch stated.
“The funding from Argentem is especially welcome as a result of their monetary energy and world presence which has the flexibility to hyperscale IonicRE’s development around the globe. We’re shifting as rapidly as doable given the big market demand for uncommon earths, which has solely elevated within the wake of China’s newest export controls on these supplies very important for Western defence and superior manufacturing. This case solely highlights the necessity for brand spanking new sources of provide together with from magnet recycling.
“Due to this investor help, we now have the monetary backing to execute on our technique, and with the suitable individuals, companions and product on the proper time now we have all of the components for achievement.”
Argentem Creek Companions CEO, Mr Daniel Chapman, commented: “We’re happy to announce that Argentem Creek Companions has joined as a strategic investor within the Ionic Uncommon Earths’ placement. As a strategic finance companion, Argentem Creek will play a key function in supporting the Firm’s development and growth ambitions,” Mr Chapman stated.
“Uncommon earths is an trade that’s altering extraordinarily rapidly and with the more and more important want for brand spanking new, safe, and sustainable ex-China provide chains, IonicRE’s magnet recycling know-how is a massively worthwhile asset with distinctive world rollout potential.
Argentem’s President Mr Maarten Terlouw added: “Our funding dedication in Ionic Uncommon Earths displays our confidence within the Firm’s technique and long-term potential. As a strategic investor and finance companion, we’re supporting Ionic’s efforts to develop its operations and advance a round uncommon earths provide chain, a mannequin that aligns with our give attention to accountable development and sustainable worth creation. We stay up for working alongside the Ionic crew as they construct a enterprise positioned to make a long-lasting affect throughout the important supplies sector.”
Click on right here for the total ASX Launch
This text contains content material from Ionic Uncommon Earths, licensed for the aim of publishing on Investing Information Australia. This text doesn’t represent monetary product recommendation. It’s your accountability to carry out correct due diligence earlier than appearing upon any data supplied right here. Please confer with our full disclaimer right here.
[ad_2]
