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Macarthur Minerals Completes Placement and Welcomes New Major Shareholder Destec Holdings
8:44am on Wednesday 8th of April, 2026 AEST
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Mining
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Macarthur Minerals Completes Placement and Welcomes New Major Shareholder Destec Holdings
8:44am on Wednesday 8th of April, 2026 AEST
Key Points
Placement raised funds through 50 million shares at A$0.025 each with 25 million attaching options
New substantial shareholders include Destec Holdings and Henderson Park, both linked to Steve Wyatt
Funds allocated to tenement maintenance, general working capital, and placement costs
Destec Holdings brings mining services expertise supporting Lake Giles Iron Project development
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Macarthur Minerals (ASX:MIO)
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