RE: Crux investor article today14 Nov 2025 11:46
No placing expected...
Empire's recent £7 million strategic placement to institutional investors, combined with existing £4 million cash reserves, provides runway through most of 2026. This capital will fund continuous piloting, resource expansion drilling, and early scoping studies.
"We're well cashed up, got a huge amount of runway ahead of us," Bunn states. The funding removes near-term capital constraints and allows management to focus on technical milestones rather than successive fundraising.