Brazilian Critical Minerals secured $2 million for its Ema Project through a strategic share placement, issuing 87 million shares at 2.3 cents each.

The funding will fuel key initiatives like infill and exploration drilling, advanced metallurgical testing, and selecting an engineering partner for a scoping study assessment.

Drake Special Situations, the company's largest shareholder, subscribed to 17.7 million shares.

The funding accelerates critical workstreams for Ema Project development, aiming to delineate resources, optimise processing, and evaluate economic viability through an upcoming scoping study.