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How Boab Metals Secured A$60M to Power Sorby Hills Lead-Silver Project

9:54am on Monday 15th of December, 2025 AEDT Mining
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How Boab Metals Secured A$60M to Power Sorby Hills Lead-Silver Project

9:54am on Monday 15th of December, 2025 AEDT
Key Points
  • A$60 million raised via two-tranche institutional placement at A$0.40 per share
  • Share Purchase Plan launched, capped at A$7 million for existing shareholders
  • Combined funding with A$236 million debt facility fully finances Sorby Hills project
  • Trafigura prepayment facility withdrawn, improving offtake terms with exposure to spot treatment charges
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