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L1 Gold Fund Raises A$254.9 Million in Institutional Placement and Entitlement Offers
10:10am on Wednesday 26th of August, 2026 AEST
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Financial Services
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L1 Gold Fund Raises A$254.9 Million in Institutional Placement and Entitlement Offers
10:10am on Wednesday 26th of August, 2026 AEST
Key Points
A$254.9 million raised via placement and entitlement offers
Founders subscribed A$52.5 million, signaling strong conviction
Placement hit 15% ASX capacity limit, raising A$160.3 million
L1 Group Limited deferred A$42 million entitlement for new investors
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L1 Gold Fund (ASX:LGF)
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