Quarterly Activities ReportPerth, April 29, 2021 AEST (ABN Newswire) - Australia's next rare earths producer, Hastings Technology Metals Ltd ( Highlights - Hastings raised $100.7 million (before costs) through a two-tranche equity placement priced at $0.19 per share, with funds to be used to advance development of the Yangibana Rare Earths Project. - Tranche One raised $57.2 million and was fully underwritten by Canaccord Genuity and supported by institutional investors. Tranche Two was approved by Hastings's shareholders at a General Meeting on 29th March 2021 and raised an additional $43.5 million, with strong support from existing sophisticated shareholders as well as from L1 Capital, a well-established global investment manager.