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ASM - AUSTRALIAN STRATEGIC MATERIALS LIMITED


nipper
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Good news.  Up 20%

USD 15 million Subscription Agreement at AUD 8.90 per ASM share

Key points
• Additional equity of USD 15 million raised at a share price of AUD 8.90
• July 2021 Framework Agreement revised 
• Negotiations are ongoing for a five-year offtake agreement for 2,800 dry metric tonnes of NdFeB alloy from the Korean Metals Plant (KMP)
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