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Podium Minerals Raises A$7M in Oversubscribed Offer to Propel Parks Reef Project
9:58am on Tuesday 28th of October, 2025 AEDT
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Mining
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Podium Minerals Raises A$7M in Oversubscribed Offer to Propel Parks Reef Project
9:58am on Tuesday 28th of October, 2025 AEDT
Key Points
A$7 million raised via fully underwritten entitlement offer
Entitlement offer oversubscribed with A$9.9 million in applications
Total equity raised reaches A$12 million including prior placement
Cash balance now approximately A$13.2 million to fund project advancement
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