Latest AERIS RESOURCES (ASX:AIS) News

Aeris Resources delivered solid Q2 FY26 results with copper equivalent production of 10.1kt at competitive costs, strengthened its balance sheet by repaying debt, and reported promising exploration outcomes that could underpin future growth.

Aeris Resources has received critical development consent from NSW authorities for its Constellation Project, paving the way for near-term production growth. The project boasts a substantial ore reserve with promising copper, gold, and silver grades.

Aeris Resources has successfully raised $21.6 million through an oversubscribed Share Purchase Plan, more than doubling its initial $10 million target. The company will issue nearly 48 million new shares to support its working capital needs.

Aeris Resources has reported significant high-grade copper intersections extending mineralisation beyond current resources at its Tritton Operation in New South Wales, highlighting potential new mineralised trends and thicker deposits.

Aeris Resources has extended the closing date of its Share Purchase Plan to mid-December, giving shareholders more time to participate in the capital raising effort.

Aeris Resources reported solid FY25 results within guidance and secured $80 million in new equity to fund exploration and development projects, positioning itself for significant growth in FY26.

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

Aeris Resources has launched a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a discounted price, aiming to raise up to $10 million for working capital.

Aeris Resources has bolstered its financial position by completing an $80 million placement and repaying $40 million of debt early, setting the stage for growth in FY26.

Aeris Resources has announced a significant $90 million equity raise through a placement and share purchase plan, aiming to strengthen its balance sheet and fund key growth projects. The raise comes with a discount to recent share prices and supports the company’s strategic expansion and operational improvements.

Aeris Resources has secured $80 million through an institutional placement and launched a $10 million share purchase plan, aiming to repay debt and accelerate key exploration projects.

Aeris Resources has announced a maiden open pit Probable Ore Reserve for its Constellation Project in New South Wales, underpinning a 5-to-7-year mine life and leveraging existing Tritton processing infrastructure.