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Macarthur Minerals Completes Placement and Welcomes New Major Shareholder Destec Holdings

8:44am on Wednesday 8th of April, 2026 AEST 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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