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K-TIG’s $10M Raise to Acquire Metal Powder Works Wins Independent Fairness Nod

7:03pm on Monday 2nd of June, 2025 AEST Manufacturing
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K-TIG’s $10M Raise to Acquire Metal Powder Works Wins Independent Fairness Nod

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Public offer of up to 50 million shares at $0.20 each to raise $7–10 million
  • Acquisition of 100% of Metal Powder Works with 55 million consideration shares
  • 50 million performance rights issued to MPW vendors, vesting on revenue and share price milestones
  • ASX re-compliance required due to significant change in business nature and scale
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