Vital Metals’ September 2025 Quarterly Results

29 October 2025

Vital Metals Limited (ASX: VML) (“Vital”, “Vital Metals” or “the Company”), an advanced stage exploration/development rare earths company, is pleased to report on its activities for the September 2025 quarter, including at its 100%-owned Nechalacho Rare Earths and Niobium Project in Yellowknife, Northwest Territories, Canada (“NWT”).

Highlights:

  • Secured A$6.8 million funding via a two-tranche strategic placement to advance test work and studies at its Nechalacho Rare Earths and Niobium Project in Canada.
  • Received firm commitments for an additional A$5.6 million placement, subject to shareholder approval.
  • David Dikken and Douglas MacLennan joined the Board as Non-Executive Directors, nominees of Strategic Resources, which invested A$3 million in Tranche 1 of the placement.
  • Experienced executives Alexius Chan and Andrew Nesbitt also joined the VML Board as Non-Executive Directors.
  • MD and CEO Lisa Riley appointed Interim Chair, replacing Richard Crookes.
  • Vital now has a refreshed Board and funding in place to drive the development of its Nechalacho Project in Canada.

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