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How Will AuKing Mining Deploy $1.5M Raised in Two-Tranche Placement?
9:04pm on Wednesday 14th of January, 2026 AEDT
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Mining
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How Will AuKing Mining Deploy $1.5M Raised in Two-Tranche Placement?
9:04pm on Wednesday 14th of January, 2026 AEDT
Key Points
Placement of 428.6 million new shares at $0.0035 each
Two-tranche structure with second tranche and options subject to shareholder approval
Free-attaching options exercisable at $0.005 expiring December 2029
Funds earmarked for exploration, strategic opportunities, working capital, and placement costs
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Auking Mining (ASX:AKN)
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