RTG Mining Raises A$15.3M via Tranche 2 Placement at A$0.025 per Security

Capital Raise Completes Successfully

RTG Mining Inc. has announced the successful completion of tranche 2 of its private placement, raising approximately A$15.3 million before costs. The company issued 613,755,996 CHESS Depository Instruments at a price of A$0.025 each to institutional and sophisticated investors, marking a significant step in its capital raising efforts.

This tranche follows the initial placement announced in March 2025 and received shareholder approval at the Annual General Meeting held on 23 May 2025. Foster Stockbroking Pty Ltd acted as lead manager and bookrunner, guiding the placement process efficiently.

Strategic Focus on Mabilo Project

The proceeds from this placement are earmarked primarily to advance the Mabilo Project, where RTG has recently secured a mining permit. The company is positioning itself to transition swiftly and safely into a producing gold and copper operation, a move that could significantly enhance its market standing and operational profile.

Beyond Mabilo, RTG remains committed to its Panguna Project in Bougainville and is actively exploring additional business development opportunities. This diversified approach reflects RTG’s ambition to expand its footprint in the mining sector while leveraging its experienced management team, which has a proven track record of developing mines across multiple countries.

Regulatory and Market Considerations

The placement was conducted under exemptions from prospectus and registration requirements in relevant jurisdictions and remains subject to approval by the Toronto Stock Exchange. RTG intends to rely on specific TSX exemptions related to the placement and shareholder approval, which introduces a regulatory checkpoint before the funds can be fully deployed.

While the capital injection strengthens RTG’s financial position, the company acknowledges the inherent risks associated with mining exploration and development, including market fluctuations, regulatory approvals, and operational challenges. Investors will be watching closely for updates on project milestones and the eventual impact on production timelines.