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VBX widens Wuudagu funding options after raising $4.5m

9:34am on Wednesday 28th of October, 2026 AEDT • Mining
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VBX widens Wuudagu funding options after raising $4.5m

9:34am on Wednesday 28th of October, 2026 AEDT
Key Points
  • $4.5 million placement completed at $0.64 a share
  • Wuudagu DFS pushed to Q1 2027 as 8-9Mtpa options are assessed
  • Formal process begins for operating, infrastructure and offtake-linked funding
  • $2.5 million related-party loan conversion requires shareholder approval
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