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How Will Adavale’s $3.1M Placement and Director Buy Shape Its Future?

7:01am on Thursday 18th of September, 2025 AEST Mining
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How Will Adavale’s $3.1M Placement and Director Buy Shape Its Future?

7:01am on Thursday 18th of September, 2025 AEST
Key Points
  • Updated prospectus details $2.5M initial and $0.588M further share placements
  • Directors subscribed for $152,000 worth of shares with attached options
  • Total new options issued to placement participants exceed 73 million
  • Capital structure adjusted to reflect over 460 million shares on a fully diluted basis
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