Yendaree Rise update, Mallowick Exploration

Mallowick Exploration provides this update on its Yendaree Rise rare earths project in Western Australia.

The raise was supported by existing and new investors. Proceeds of the $7 million placement will be applied to exploration across the company's Western Australia tenements. Funds will be applied over the next twelve months.

This announcement was approved for release by the board of Mallowick Exploration.