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