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Alice Queen Launches $5.77 Million Rights Issue to Advance Horn Island Drilling

10:30am on Wednesday 6th of May, 2026 AEST Mining
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Alice Queen Launches $5.77 Million Rights Issue to Advance Horn Island Drilling

10:30am on Wednesday 6th of May, 2026 AEST
Key Points
  • Partially underwritten rights issue to raise $5.77 million
  • Issue price set at 0.9 cents per new share
  • Substantial shareholder Gage to fully subscribe and sub-underwrite shortfall
  • Funds targeted at Horn Island drilling, resource updates, and approvals
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