🚨 Victory Metals (ASX: VTM) — $11.5M Institutional Placement Secures Ultra-High Heavy Rare Earth Drilling Campaign

Victory Metals Limited has locked in $11.5M from institutional, professional and sophisticated investors to accelerate development of its North Stanmore Heavy Rare Earth Project — one of the world’s most advanced clay-hosted heavy rare earth discoveries, boasting zones of up to 83% HREO/TREO.

💰 Placement Highlights

• $11.5M raised via 8.5M shares at $1.35 (15% discount to 15-day VWAP)
• Bell Potter Securities as sole lead manager & bookrunner
• Settlement: 29 Aug 2025 | Trading: 1 Sept 2025
• Strong institutional support signals market confidence in North Stanmore

🎯 Use of Funds

• Targeted drilling of ultra-high HREO zones
• Advancement of scandium oxide production
• Feasibility study progression
• General working capital

⭐ North Stanmore Fundamentals

• MRE: 320.6Mt @ 510ppm TREO+Sc₂O₃ (Aug 2025)
• Australia’s largest indicated clay HRE resource
• 7.7M kg scandium resource — globally significant
• Strategically located in WA’s Cue region, 420km from Geraldton Port

🤝 Funding Strategy Update

• US$190M LOI from EXIM Bank of USA remains active
• Company pursuing strategic flexibility & direct government funding opportunities

🏅 Market Position

• Among the world’s most advanced HRE clay projects
• Leading Australian HRE development
• Critical supply for clean energy, defence & high-tech industries
• Premium 38% HREO/TREO ratio

🔎 Investor Outlook

Victory Metals is trading at A$1.48, with a market capitalisation of around A$230M. The $11.5M placement at A$1.35 highlights strong institutional conviction in the North Stanmore Project.

Scandium demand is rising globally, driven by its role in lightweight aluminium alloys for aerospace and clean energy, while heavy rare earths remain critical for permanent magnets in EVs, wind turbines and defence technologies.

With globally significant scandium resources, ultra-high HREO grades, and active feasibility progress, Victory Metals is well positioned to benefit from these structural market trends and cement itself as a key supplier in the critical minerals sector.

💬 CEO Brendan Clark:

“This raise will support the momentum in developing North Stanmore as one of the world’s most advanced heavy rare earth clay projects and Australia’s leading HRE project. We thank existing shareholders and welcome our new institutional investors.”

📖 Read more: https://colitco.com/victory-metals-11-5m-north-stanmore-rareearths-project/

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