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How Anax Metals Secured $5.2 Million in Fresh Capital via Share Placement
10:34am on Thursday 26th of March, 2026 AEDT
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How Anax Metals Secured $5.2 Million in Fresh Capital via Share Placement
10:34am on Thursday 26th of March, 2026 AEDT
Key Points
Raised $5.2 million via placement of 225.5 million shares
Shares issued at $0.023 each to institutional and sophisticated investors
Placement utilised existing ASX Listing Rules 7.1 and 7.1A capacity
New shares rank equally with existing ordinary shares
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ANAX METALS (ASX:ANX)
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