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Caspin Resources Secures $2.5M in First Placement Tranche, Eyes Shareholder Nod for More

11:11am on Monday 6th of October, 2025 AEDT Mining
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Caspin Resources Secures $2.5M in First Placement Tranche, Eyes Shareholder Nod for More

11:11am on Monday 6th of October, 2025 AEDT
Key Points
  • First tranche raised approximately $2.5 million via placement
  • 33.28 million shares issued at $0.075 each to institutional and sophisticated investors
  • Shares issued under existing placement capacity per ASX Listing Rules
  • Remaining capital raising contingent on shareholder approval at mid-November AGM
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