APC Minerals Entitlement Offer Heavily Oversubscribed Highlighting Strong Shareholder Support
APC Minerals Limited (ASX: APC) has confirmed the close of its fully underwritten pro-rata renounceable entitlement offer, which attracted strong shareholder participation and was materially oversubscribed. The offer, which provided thirteen new shares for every eleven shares held at an issue price of AU$ 0.004 per share, sought to raise up to AU$ 1.38 million before costs and closed on eight January two thousand and twenty six. Applications were received for a total subscription amount of approximately AU$ 2.18 million, exceeding the offer size by a wide margin. As a result, refunds totalling around AU$ 0.79 million are now being processed for excess applications. The capital raising was fully underwritten by Yelverton Capital, providing funding certainty. The proceeds strengthen APC’s balance sheet and support continued advancement of its exploration portfolio, while the level of demand underscores positive shareholder engagement.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services. By continuing to use this site, we assume you consent to this. Read our Privacy Policy and Terms & Conditions
APC Minerals Entitlement Offer Heavily Oversubscribed Highlighting Strong Shareholder Support
APC Minerals Limited (ASX: APC) has confirmed the close of its fully underwritten pro-rata renounceable entitlement offer, which attracted strong shareholder participation and was materially oversubscribed. The offer, which provided thirteen new shares for every eleven shares held at an issue price of AU$ 0.004 per share, sought to raise up to AU$ 1.38 million before costs and closed on eight January two thousand and twenty six. Applications were received for a total subscription amount of approximately AU$ 2.18 million, exceeding the offer size by a wide margin. As a result, refunds totalling around AU$ 0.79 million are now being processed for excess applications. The capital raising was fully underwritten by Yelverton Capital, providing funding certainty. The proceeds strengthen APC’s balance sheet and support continued advancement of its exploration portfolio, while the level of demand underscores positive shareholder engagement.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au