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Conico Expands $2.1M Entitlement Offer Amid 1-for-8 Share Consolidation

9:27am on Thursday 30th of October, 2025 AEDT Mining
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Conico Expands $2.1M Entitlement Offer Amid 1-for-8 Share Consolidation

9:27am on Thursday 30th of October, 2025 AEDT
Key Points
  • Total converting loans raised reach $1.405 million
  • Planned 1-for-8 share consolidation to streamline capital structure
  • Expanded fully underwritten 1-for-1 entitlement offer to raise $2.1 million
  • Shareholder approvals sought at 28 November AGM for consolidation and loan conversions
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