5E Advanced Materials closes second $7.75M tranche of private placement at $1.025/share

5E Advanced Materials, Inc.

Second closing raised $7.75M from 5ECAP, LLC; issued 8,317,074 shares at $1.025 per share.
Combined with first tranche of $10M closed Jan 18, total $17.75M raised.
Proceeds to continue initial boric acid and lithium carbonate production and complete processing plant.
Company holds U.S. Critical Infrastructure designation for its boron complex.

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