Tambourah Metals Secures $3M from Tribeca to Accelerate Beatty Park South Drilling
Tambourah Metals has raised $3 million through a strategic placement led by Tribeca Investment Partners, boosting funds for its Beatty Park South gold exploration program to $4.5 million.
- Strategic placement raises $3 million at $0.085 per share
- Tribeca Investment Partners joins as a new institutional shareholder
- Total available funds for exploration reach approximately $4.5 million
- Placement includes 35.3 million shares and 4 million broker options
- Funds earmarked to accelerate drilling at Beatty Park South and other targets
Strategic Capital Injection
Tambourah Metals Ltd (ASX – TMB) has successfully secured $3 million in fresh capital through a strategic placement, welcoming Tribeca Investment Partners as a significant new institutional shareholder. This injection, combined with existing cash reserves, brings the company’s war chest to approximately $4.5 million, earmarked to intensify exploration efforts at the promising Beatty Park South gold discovery in Western Australia.
Backing from a Global Resource Investor
Tribeca Investment Partners, a globally recognised resource investment fund, has taken a substantial stake in Tambourah, signalling confidence in the company’s exploration potential. The placement involved issuing 35.3 million shares at 8.5 cents each, alongside 4 million broker options exercisable at 15 cents until October 2027. These shares are expected to be issued on 9 October 2025, with Whairo Capital acting as lead manager and corporate advisor.
Accelerating Exploration at Beatty Park South
The funds raised will primarily accelerate the drilling and development program at Beatty Park South, where recent results have highlighted the potential for a significant gold discovery. Tambourah plans to expand drilling across the known surface gold anomaly and explore additional identified targets within the project area. This aggressive exploration push aims to unlock further value and advance the project towards potential resource definition.
Broader Portfolio and Strategic Positioning
Beyond Beatty Park South, Tambourah Metals continues to develop a diversified portfolio of gold and critical mineral projects across Western Australia, including the Tambourah, Shaw River, Speewah North, and Bryah projects. The company’s strategic acquisitions in mineral-rich districts underscore its ambition to establish a strong foothold in both gold and critical minerals sectors.
Outlook and Market Implications
With this capital raise, Tambourah Metals positions itself to accelerate exploration momentum at a pivotal time. The involvement of a respected institutional investor like Tribeca may also enhance market confidence and visibility. However, the ultimate impact will hinge on forthcoming drilling results and the company’s ability to convert exploration success into tangible resource growth.
Bottom Line?
Tambourah’s fresh capital and new institutional backing set the stage for a critical phase of exploration at Beatty Park South, with market eyes keenly awaiting drilling outcomes.
Questions in the middle?
- What specific milestones and timelines has Tambourah set for the Beatty Park South drilling program?
- How might Tribeca Investment Partners influence Tambourah’s strategic direction beyond capital support?
- What is the expected dilution impact on existing shareholders following the placement and option exercises?
