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Can Carbine Resources’ $1.1M Raise Propel Its Silica Sand Ambitions?

1:58am on Monday 2nd of June, 2025 AEST Mining
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Can Carbine Resources’ $1.1M Raise Propel Its Silica Sand Ambitions?

1:58am on Monday 2nd of June, 2025 AEST
Key Points
  • Pro-rata non-renounceable entitlement offer of 2 shares for every 3 held at $0.003 per share
  • Potential to raise up to $1.1 million primarily for Muchea and Down South Silica Sand Projects
  • 10 million broker options offered to lead manager Taylor Collison, pending shareholder approval
  • Directors intend to participate in the shortfall offer subject to approval
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