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Tungsten Mining gives Watershed a $50 million funding lift

9:15am on Tuesday 22nd of September, 2026 AEST Mining
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Tungsten Mining gives Watershed a $50 million funding lift

9:15am on Tuesday 22nd of September, 2026 AEST
Key Points
  • $50 million placement backed by new and existing institutional investors
  • Funds primarily allocated to Watershed development and corporate purposes
  • 156.25 million new shares priced at $0.32 each
  • Offer price set at a 16.9% discount to the last close
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