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Vital Metals Limited (ASX:VML)

ALERT: Price-sensitive ASX Announcement for VML
Current share price for VML : $0.100 -0.07 (-41.18%)+
Announcement
Release
30 Jan 2026 9:18AM
Price at Release
$0.170
Full Release
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Summary
Vital Metals Limited released its Quarterly Activities and Cash Flow Report for the December 2025 quarter, focusing on its Nechalacho Rare Earths and Niobium Project in Canada. The company raised A$12.47 million in the second half of CY2025, including A$9.47 million during the quarter, positioning it well to deliver a Pre-Feasibility Study by February 2027. The report highlighted investor confidence in the Tardiff deposit's Scoping Study, a post-tax NPV of US$445 million, and plans for metallurgical optimization and infill drilling. During the quarter, Vital Metals appointed Andrew Nesbitt as a Non-Executive Director and made payments to related parties totaling A$183,000. The company also held a cash position of A$10.56 million at the quarter's end.
Key Points
  • A$12.47 million raised in H2 CY2025.
  • Tardiff Pre-Feasibility Study targeted for completion by February 2027.
  • Investor confidence in the Tardiff deposit Scoping Study.
  • Appointment of Andrew Nesbitt as Non-Executive Director.
  • Cash position of A$10.56 million at quarter's end.
  • Payments to related parties totaled A$183,000.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.