US1 Critical Minerals Unveils Bonus Options and $1.5M Placement with Attaching Options
US1 Critical Minerals announces a bonus issue of options to shareholders and a $1.5 million placement with free attaching options, pending shareholder approval.
- Bonus issue of 1 option per 5 shares to eligible shareholders
- Placement raised $1.5 million via 150 million shares at $0.01 each
- One free attaching option per share issued under placement
- Options exercisable at $0.015, expiring 31 March 2029
- Shareholder approval required for placement options and fee options
Bonus Options Offer
US1 Critical Minerals Limited (ASX – USC) has lodged a prospectus with ASIC to issue bonus options to its shareholders. Eligible shareholders holding shares in Australia, New Zealand, China, Israel, Tanzania, and the United States as of the record date will receive one new option for every five shares held, free of charge. This non-renounceable offer means shareholders cannot transfer their rights to these options. The company expects to issue up to approximately 192.8 million new options, exercisable at $0.015 each, expiring on 31 March 2029.
The bonus options are intended to reward existing shareholders without raising new funds, and US1 will apply for official quotation of these options on the ASX shortly after issuance. However, the listing of these options is subject to ASX approval, which is not guaranteed.
December 2025 Placement and Attaching Options
In December 2025, US1 completed a placement raising $1.5 million through the issue of 150 million shares at $0.01 per share to institutional and sophisticated investors. Alongside this, the company plans to issue one free attaching option for every share issued under the placement, exercisable at $0.015 and expiring in March 2029. These placement options, along with 50 million fee options granted to consultants for services related to the placement, require shareholder approval at an extraordinary general meeting scheduled for 9 March 2026.
The placement options and fee options will form a secondary offer under the same prospectus as the bonus options. No additional funds will be raised from these options. The company has outlined a clear timetable for the offers and the upcoming shareholder meeting, signalling a structured approach to capital management and shareholder engagement.
Strategic Implications
US1 Critical Minerals is positioning itself to support critical mineral supply chains, particularly in the United States, with a portfolio that includes rare earths and uranium projects in Tanzania and the US. The bonus options and placement strategy reflect a balance between rewarding shareholders and raising capital to advance exploration and development activities. The exercise price of $0.015 suggests confidence in the company’s growth prospects, while the extended expiry date provides investors with a long-term opportunity to participate in potential upside.
Shareholders will be watching closely as the company seeks approval for the placement options and fee options, which will impact the company’s capital structure and potential dilution. The success of these initiatives will be a key indicator of investor sentiment and the company’s ability to fund its strategic ambitions.
Bottom Line?
US1’s bonus and placement options set the stage for shareholder value growth, pending key approvals.
Questions in the middle?
- Will shareholders approve the placement and fee options at the March meeting?
- How will the issuance of options affect US1’s share price and dilution?
- What are the company’s next steps in advancing its critical minerals projects with the new capital?
