Aguia Raises $4M with One-for-Ten Entitlement Issue Plus One Free Option Each

Entitlement Offer Revamped

Aguia Resources Limited (ASX – AGR) has updated the terms of its previously announced one-for-ten non-renounceable entitlement issue, aiming to raise up to $4 million. The key change is a significant increase in the number of free attaching options offered to shareholders, now one option for every new share subscribed, doubling the incentive from the initial offer of one option for every two shares.

This move is designed to enhance shareholder value and encourage greater participation in the capital raising, which supports Aguia’s ongoing development of its phosphate and gold projects in Brazil and Colombia. The company lodged the official prospectus with the Australian Securities and Investments Commission (ASIC) on 3 October 2025, marking a critical regulatory milestone.

Expanded Shareholder Participation

Notably, Aguia has extended eligibility for the entitlement offer beyond its traditional Australian and New Zealand shareholder base to include those with registered addresses in Hong Kong. This broader geographic inclusion reflects the company’s intent to tap into a wider pool of investors, potentially increasing the offer’s uptake and liquidity.

Shareholders will receive personalised application forms and instructions on 13 October 2025, with the offer officially opening the same day. The timetable outlines key dates, including the record date on 9 October, closing date on 23 October, and the anticipated announcement of results by 30 October.

Future of the Attaching Options

Aguia intends to apply for the quotation of the new options on the ASX, subject to meeting the exchange’s requirements for a new class of securities. This step is crucial as it provides liquidity and tradability for the options, enhancing their attractiveness to shareholders. The terms of these options remain consistent with those previously disclosed, offering a clear pathway for shareholders to potentially increase their holdings in the company.

While the timetable dates are indicative and subject to change, Aguia has committed to keeping the market informed of any adjustments. The company’s executive leadership, including Executive Chairman Warwick Grigor, continues to emphasize transparency and shareholder engagement throughout this process.

Strategic Implications

This capital raising initiative comes at a pivotal time for Aguia Resources as it advances its multi-commodity portfolio. The infusion of up to $4 million will bolster the company’s financial position, supporting exploration and development activities across its phosphate projects in Brazil’s Rio Grande do Sul and gold assets in Colombia’s Bolivar region. The recent acquisition of Andean Mining further diversifies Aguia’s asset base, positioning it for growth in multiple mineral sectors.

Investors will be watching closely to see the level of shareholder uptake and the subsequent impact on Aguia’s share price and capital structure. The increased free attaching options could prove a compelling incentive, potentially driving stronger participation than initially anticipated.