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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
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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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Somerset Minerals (ASX:SMM)
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