Si6 Metals raised $1.5 million by issuing 375 million shares at $0.004 per share, accompanied by a 1:1 listed option and a piggyback option.

The capital infusion will fuel exploration activities in Brazil, focusing on rare earth elements and lithium in Minas Gerais and supporting explorations in Botswana and Western Australia.

The next six months will see an aggressive exploration roadmap to capitalise on global interest in critical metals, with ongoing early-stage exploration in Brazil.

The funds will facilitate a strategic review of Brazil's exploration portfolio and expansion opportunities and cover general working capital needs.