Macarthur Minerals Limited (ASX: MIO) has released a Replacement Prospectus dated 13 June 2025, officially transitioning its previously cancelled non-renounceable entitlement offer into a renounceable pro-rata rights issue to raise approximately AU$1.996 million before costs. Eligible shareholders in Australia, New Zealand, and Canada can now trade their entitlements on the ASX from 17 June to 2 July 2025.
Under the revised offer, shareholders can subscribe for 1 new share for every 2 shares held at AU$0.02 per share, plus 1 free attaching option (AU$0.03 strike, 2-year expiry) for every 2 new shares. The offer remains fully underwritten by Gold Valley Yilgarn Pty Ltd, and excess applications may be made for any shortfall. Funds raised will support the Lake Giles Iron Project, cover corporate costs, and repay liabilities. The new securities are set to be quoted on 17 July 2025, and the closing date is 9 July 2025. The full Replacement Prospectus is available on the Company’s website.
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.
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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.
