Equity Raising to Support Execution of Growth Initiatives

29Metals Limited (ASX:29M) (‘29Metals’ or, the ‘Company’) is pleased to announce the launch of a fully underwritten 1 for 3.66 accelerated pro rata non-renounceable entitlement offer to raise $150 million (before costs) (‘Equity Raising’ or the ‘Offer’). The Offer comprises an accelerated institutional component (‘Institutional Entitlement Offer’) and a retail component (‘Retail Entitlement Offer’