ASX:SRLMetals and Mining
A Closer Look at Sunrise Energy Metals (ASX:SRL) Valuation After US EXIM Bank Financing Update and Option Conversion
If you have been watching Sunrise Energy Metals (ASX:SRL), now might be a moment worth a closer look. The company just announced it has received a letter of interest from the Export-Import Bank of the United States, potentially securing up to US$67 million in project financing for its Syerston Scandium Project. In addition, Sunrise completed the conversion of unlisted options, which resulted in the issuance of five million new shares and reinforced its balance sheet. Both moves could shape...