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How Will Alice Queen’s $1M Placement and Loyalty Options Reshape Its Future?

9:37am on Wednesday 22nd of October, 2025 AEDT Mining
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How Will Alice Queen’s $1M Placement and Loyalty Options Reshape Its Future?

9:37am on Wednesday 22nd of October, 2025 AEDT
Key Points
  • Placement to raise $1 million at $0.004 per share
  • Two-tranche placement with second tranche subject to shareholder approval
  • Free-attaching options exercisable at $0.008 expiring June 2028
  • Substantial shareholder Gage Resource Development to maintain 51% stake
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