middle.news
Ballard secures A$45 million to advance Mt Ida gold project
9:23am on Monday 12th of October, 2026 AEDT
•
Mining
Read Story
Ballard secures A$45 million to advance Mt Ida gold project
9:23am on Monday 12th of October, 2026 AEDT
Key Points
A$45 million placement at A$0.66 per share, a 7.7% discount to the last close
Share purchase plan targets up to a further A$5 million from eligible Australian and New Zealand shareholders
Pro forma cash of approximately A$94.1 million assumes the SPP is fully subscribed
A$40 million allocated to resource growth and infill drilling
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Ballard Mining (ASX:BM1)
OPEN ARTICLE