Strategic Elements secured firm commitments from investors for 21,875,000 shares at 4 cents per share, raising $875,000 before costs.

Each share includes an entitlement to one unlisted option exercisable at 6 cents within three years.

The capital raise aims to provide over two years of operational funds. The funds will support ongoing projects like Energy Ink and Stealth Technologies' Sensor Fusion technology.

Negotiations for exploratory ventures in the Cyclops Project area are also underway.