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How Will Tolu’s A$23.75M Indonesian Investment Transform Tolukuma Mine?
9:54am on Monday 23rd of March, 2026 AEDT
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Mining
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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
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