middle.news

How Will Tolu’s A$23.75M Indonesian Investment Transform Tolukuma Mine?

9:54am on Monday 23rd of March, 2026 AEDT Mining
Read Story

How Will Tolu’s A$23.75M Indonesian Investment Transform Tolukuma Mine?

9:54am on Monday 23rd of March, 2026 AEDT
Key Points
  • A$23.75 million investment via convertible note from Petrindo and Petrosea
  • 14.6 million new shares to be issued at A$1.625 per share pending shareholder approval
  • Funds earmarked for mine expansion and infrastructure at Tolukuma Gold Mine
  • Shareholder meeting scheduled by end of May 2026 for approval
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Tolu Minerals (ASX:TOK)
OPEN ARTICLE