Sovereign Metals Limited

Sovereign Metals Limited (ASX:SVM)

Offer Price

A$0.850

per share

Offer Size

A$40,000,000

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Placement

Sovereign Metals Limited (ASX:SVM)

SVM

Lead Manager

Offer Price

A$0.850

per share

Offer Size

A$40,000,000

Placement

Sovereign Metals Limited

Offer Details

Issue Price (Per Share)

A$0.850

Discount

-18.06%

Offer Size

A$40,000,000

Shares Available

47,058,824

Sovereign Metals Limited (SVM or the Company) is raising A$40 million via a placement (Placement), with the ability to accept oversubscriptions at A$0.85 per share.   Funds raised applied to Kasiya Rutile Graphite Project development costs including permitting, studies and other costs and working capital & offer costs.

Kasiya Project

Tier 1: World’s Largest Known Rutile Resource and second largest graphite Resource.

  • 17.9Mt contained rutile & 24.4Mt contained graphite.
  • DFS expected Q4 2025.
  • Blanket style (flat) mineralisation hosted in soft, friable saprolite.
  • Optimised PFS results informed by 2024 trial mining and rehabilitation program (pilot Phase) and overseen by joint SVM-Rio Tinto Technical Committee (Fig 3).

Exceptional results from optimised PFS

  • Life of Mine revenue US$16.4bn.
  • EBITDA margin 64% & average annual EBITDA US$409m.
  • NPV8 US$2.3bn & IRR 27%.
  • Market capitalisation

Documents & Downloads

Disclaimer

This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Sovereign Metals Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.

Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Sovereign Metals Limited.

Sovereign Metals Limited

Placement

Sovereign Metals Limited (ASX:SVM)

SVM

Offer Price

A$0.850

per share

Offer Size

A$40,000,000

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