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FBR closes final funding gap for Mantis and Hadrian expansion

9:54am on Wednesday 7th of October, 2026 AEDT • Industrial Technology
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FBR closes final funding gap for Mantis and Hadrian expansion

9:54am on Wednesday 7th of October, 2026 AEDT
Key Points
  • A$1.846 million subscription at 7.6 cents a share
  • 24.29 million shares to be issued to Alpine Capital or nominees
  • One five-year A$0.14 option attached to each subscription share, subject to approval
  • Funds directed to Mantis testing, Hadrian commercialisation, debt repayment and working capital
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