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Challenger Gold funds Hualilan’s next step with US$15 million closing

9:48am on Friday 23rd of October, 2026 AEDT • Mining
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Challenger Gold funds Hualilan’s next step with US$15 million closing

9:48am on Friday 23rd of October, 2026 AEDT
Key Points
  • US$15 million Tranche 1 completed
  • US$30.3 million in total proceeds secured, with capacity to raise up to US$35 million
  • US$9.3 million Tranche 2 allocation requires shareholder and potentially ASX approval
  • Debentures carry an initial A$2.72 conversion price
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