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Maronan’s $20m raise puts a faster DFS within reach

9:17am on Tuesday 13th of October, 2026 AEDT • Mining
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Maronan’s $20m raise puts a faster DFS within reach

9:17am on Tuesday 13th of October, 2026 AEDT
Key Points
  • $20 million placement at $0.40 a share, subject to 4 November AGM approval
  • Kinterra Capital to increase its relevant interest to 22.99%
  • $7.2 million earmarked for deeper copper, Northern EM and resource upgrade drilling
  • Third drill rig expected in November and fourth in December
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