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Macarthur Minerals Raises A$1.25M to Accelerate Lake Giles Iron Exploration

9:36am on Tuesday 31st of March, 2026 AEDT Mining
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Macarthur Minerals Raises A$1.25M to Accelerate Lake Giles Iron Exploration

9:36am on Tuesday 31st of March, 2026 AEDT
Key Points
  • Placement raises approximately A$1.25 million before costs
  • 50 million shares issued at A$0.025 each with attaching options
  • Options exercisable at A$0.05, expiring in 18 months
  • Placement oversubscribed, priced at 23% discount to 15-day VWAP
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