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Conico Ltd Taps Strategic Investors with $85,000 Follow-On Placement

8:04pm on Friday 6th of February, 2026 AEDT Mining
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Conico Ltd Taps Strategic Investors with $85,000 Follow-On Placement

8:04pm on Friday 6th of February, 2026 AEDT
Key Points
  • Follow-on private placement of 10.625 million shares at $0.008 each
  • Placement raises $85,000 to satisfy excess demand from entitlement offer
  • Shares issued under 15% placement capacity per ASX Listing Rule 7.1
  • Placement shares subject to voluntary escrow until secondary trading conditions met
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