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How Will Canyon’s A$215m Raise Transform Minim Martap’s Future?

9:27am on Thursday 25th of September, 2025 AEST Mining
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How Will Canyon’s A$215m Raise Transform Minim Martap’s Future?

9:27am on Thursday 25th of September, 2025 AEST
Key Points
  • A$215 million equity raising via two-tranche placement and options exercise
  • Major shareholder Eagle Eye Asset Holdings to maintain 56.5% stake
  • Afriland Bourse & Investissement to become a 10.1% shareholder subject to approvals
  • Funds allocated to Minim Martap development, Camrail investment, and corporate costs
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