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Why Is Austral Resources Extending Its $40 Million Placement Offer?

8:56am on Thursday 9th of October, 2025 AEDT Mining
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Why Is Austral Resources Extending Its $40 Million Placement Offer?

8:56am on Thursday 9th of October, 2025 AEDT
Key Points
  • Placement offer extended to 20 October 2025
  • ASX suspension period extended to 31 October 2025
  • Placement includes 800 million new shares at 5 cents each
  • Debt conversion offers to Thiess and AES included
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