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Canterbury Resources Raises $1.24M in Oversubscribed Share Purchase Plan

8:49am on Wednesday 29th of October, 2025 AEDT Mining
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Canterbury Resources Raises $1.24M in Oversubscribed Share Purchase Plan

8:49am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Share Purchase Plan raised $1.24 million, exceeding initial $0.75 million target
  • 62.2 million new shares issued at $0.02 each with scale back applied
  • Funds earmarked for exploration at Jack Shay, Peenam, and working capital
  • Other projects funded by joint venture partners under earn-in agreements
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