Legacy Minerals Secures Funding to Advance Mt Carrington Exploration

Legacy Minerals Holdings Limited (ASX: LGM) has secured up to AU$ 4 million in funding through the underwriting of the exercise of its listed options, strengthening the Company’s financial position ahead of an expanded exploration and development program at Mt Carrington. The underwriting agreement ensures the exercise of all remaining unexercised LGMO options and results in a pro forma cash balance of approximately AU$10 million as at 31 December 2025. Funds are expected to be applied toward discovery-focused drilling targeting silver, gold, and copper mineralisation at Mt Carrington, including at White Rock and Mascotte, as well as drilling aimed at expanding the existing Mineral Resource Estimate. Additional funds will support metallurgical work, technical studies, and general working capital.

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