APC Minerals Limited Top-Up Placement to Raise $0.26 million
APC Minerals Limited (ASX: APC) released a price-sensitive announcement confirming firm commitments for a top-up placement to raise $264,000 before costs. The company will issue 66,000,000 fully paid ordinary shares at $0.004 per share, on the same terms as its recently completed entitlement offer. The issue price represents a 55.56% discount to the last closing price and a 52.94% discount to the 15-day VWAP. Proceeds from the placement will provide APC with additional financial flexibility to pursue new project opportunities and support the retention and advancement of its existing project portfolio. The shares will be issued under the company’s existing placement capacity in accordance with ASX Listing Rule 7.1, with Yelverton Capital acting as lead manager. The placement strengthens short-term funding capacity but is considered price-sensitive due to its dilutive impact and balance-sheet implications.
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
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APC Minerals Limited Top-Up Placement to Raise $0.26 million
APC Minerals Limited (ASX: APC) released a price-sensitive announcement confirming firm commitments for a top-up placement to raise $264,000 before costs. The company will issue 66,000,000 fully paid ordinary shares at $0.004 per share, on the same terms as its recently completed entitlement offer. The issue price represents a 55.56% discount to the last closing price and a 52.94% discount to the 15-day VWAP. Proceeds from the placement will provide APC with additional financial flexibility to pursue new project opportunities and support the retention and advancement of its existing project portfolio. The shares will be issued under the company’s existing placement capacity in accordance with ASX Listing Rule 7.1, with Yelverton Capital acting as lead manager. The placement strengthens short-term funding capacity but is considered price-sensitive due to its dilutive impact and balance-sheet implications.
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