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Somerset Minerals Secures $1.16 Million in Entitlement Offer and Shortfall Commitments

8:14am on Wednesday 12th of August, 2026 AEST Mining
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Somerset Minerals Secures $1.16 Million in Entitlement Offer and Shortfall Commitments

8:14am on Wednesday 12th of August, 2026 AEST
Key Points
  • Entitlement offer raised $429,504 from 37% shareholder uptake
  • Firm commitments received for $736,000 shortfall
  • Total capital raise targets approximately $1.16 million before costs
  • Shares and attaching options scheduled for issuance mid-August
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