Aguia Resources Raises $649K in Share Purchase Plan – What’s Next?

Aguia Resources Completes Capital Raise

Aguia Resources Limited (ASX – AGR) has announced the successful closure of its Share Purchase Plan (SPP), which concluded on 27 June 2025. The company raised approximately $649,200 through the issuance of 18,033,291 fully paid ordinary shares. This capital raise represents a modest but meaningful boost to Aguia’s funding as it advances its mining projects across South America.

Supporting Growth in Brazil and Colombia

Aguia Resources operates a diversified portfolio, including phosphate projects in Rio Grande do Sul, Brazil, and gold projects in the Bolivar region of Colombia. The recent acquisition of Andean Mining has further expanded its asset base to include gold, silver, and copper projects, positioning the company as a multi-commodity player with exposure to several key minerals.

The funds raised through the SPP are expected to underpin ongoing development activities and operational costs, although the company has not detailed specific allocations. The issuance of new shares will be formalized with an Appendix 2A filing, which investors should watch for to understand the full impact on share capital.

Strategic Positioning and Market Implications

While the amount raised is relatively modest in the context of mining capital requirements, it reflects continued shareholder support and provides Aguia with additional flexibility. The company’s in-country teams based in Porto Alegre and Medellin are well positioned to advance exploration and development, leveraging local expertise.

This capital raise may also signal Aguia’s intent to maintain momentum in its project pipeline amid fluctuating commodity markets. Investors will be keen to see how this funding translates into operational milestones and whether further capital raises might be necessary as projects progress.