Aeris Resources has extended the closing date of its Share Purchase Plan to mid-December, giving shareholders more time to participate in the capital raising effort.
- SPP closing date extended to 5pm Sydney time, 16 December 2025
- Results of the Share Purchase Plan to be announced on 19 December
- Share allotment scheduled before midday on 23 December
- Extension aims to provide shareholders additional time to consider participation
- Board reserves right to close SPP early without notice
Extension of Share Purchase Plan Deadline
Aeris Resources Limited (ASX – AIS) has announced an extension to the closing date of its ongoing Share Purchase Plan (SPP), moving the deadline to 5 – 00pm Sydney time on 16 December 2025. This decision by the Board aims to provide eligible shareholders with additional time to evaluate and participate in the capital raising initiative.
Revised Timetable and Process
The original SPP offer opened on 6 November 2025, with the record date set at 7 – 00pm on 30 October. Following the extension, the company will announce the results of the SPP on 19 December, with the allotment of shares expected before midday on 23 December 2025. Shareholders interested in participating are encouraged to act promptly, as the Board retains the right to close the offer early without prior notice.
Strategic Context for the Capital Raise
Aeris Resources is a mid-tier producer focused on base and precious metals, with a copper-dominant portfolio that includes operating assets and development projects. The company has been pursuing organic growth through exploration and development, alongside evaluating strategic merger and acquisition opportunities. The SPP forms part of Aeris’s broader strategy to strengthen its balance sheet and fund ongoing growth initiatives.
Implications for Shareholders and Market
By extending the SPP closing date, Aeris is signaling a desire to maximize shareholder participation, potentially reflecting a cautious approach to ensure adequate capital inflow. While the company has not disclosed current subscription levels or target raise amounts, the extension provides a window for shareholders who may have been undecided or missed the initial deadline. The outcome of this capital raising will be closely watched as it may influence Aeris’s capacity to advance its projects and maintain operational momentum.
Looking Ahead
Investors will be keen to see the final participation figures when Aeris announces the SPP results on 19 December. The timing of the share allotment just before Christmas also suggests a strategic move to close the year with a strengthened capital position. As Aeris continues to navigate the competitive mining sector, this capital raising effort could be a pivotal step in supporting its growth ambitions.
Bottom Line?
The extended SPP deadline offers shareholders a last chance to back Aeris’s growth plans before year-end.
Questions in the middle?
- What is the total amount Aeris aims to raise through the Share Purchase Plan?
- How has shareholder response been so far, and what participation rate is expected?
- Will the capital raised be earmarked for specific projects or general corporate purposes?