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Alara Resources Raises A$3.4m to Repay Trafigura Debt – What’s Next?
10:22am on Tuesday 10th of June, 2025 AEST
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Alara Resources Raises A$3.4m to Repay Trafigura Debt – What’s Next?
10:22am on Tuesday 10th of June, 2025 AEST
Key Points
Private placement of 85 million shares at A$0.04 each
Funds to repay part of US$3.45 million Trafigura loan
Placement to substantial shareholder Al Tasnim Infrastructure and Director Vikas Jain
Shares priced at 60% premium to recent VWAP
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Alara Resources (ASX:AUQ)
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