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Summit Minerals’ $1.08M Entitlement Offer Sees 37% Uptake, Big Shortfall Looms
8:38am on Wednesday 5th of November, 2025 AEDT
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Summit Minerals’ $1.08M Entitlement Offer Sees 37% Uptake, Big Shortfall Looms
8:38am on Wednesday 5th of November, 2025 AEDT
Key Points
Entitlement offer priced at $0.03 per share
37.41% of total entitlements subscribed
Shortfall of 22.5 million shares to be allocated by underwriter
Funds earmarked for Brazilian exploration and corporate working capital
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