Nagambie Resources Limited Announces AU$3.7 Million 2026 Share Purchase Plan to Advance Gold-Antimony Exploration
Nagambie Resources Limited (ASX: NAG) has launched its 2026 Share Purchase Plan (SPP), enabling eligible shareholders to subscribe for between AU$1,000 and AU$30,000 worth of shares at 1.3 cents per share without brokerage charges. The offer price reflects a 17.7% discount to the recent five-day volume weighted average price of 1.58 cents, with the Company targeting to raise up to AU$3.7 million under the plan.
The funds raised through the capital placement are intended to support the commencement of a maiden diamond drilling campaign at the Company’s 100 per cent-owned Whroo Mines Gold–Antimony Project, in addition to bolstering overall working capital. This development comes after the proposed earn-in and joint venture agreement with Alkane Resources Limited, under which Alkane may undertake a strategic equity investment of up to AU$2.5 million, alongside phased exploration spending commitments to advance the gold–antimony project. Collectively, these developments enhance Nagambie’s financial flexibility and support accelerated exploration activities across its highly prospective gold-antimony asset base.
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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Nagambie Resources Limited Announces AU$3.7 Million 2026 Share Purchase Plan to Advance Gold-Antimony Exploration
Nagambie Resources Limited (ASX: NAG) has launched its 2026 Share Purchase Plan (SPP), enabling eligible shareholders to subscribe for between AU$1,000 and AU$30,000 worth of shares at 1.3 cents per share without brokerage charges. The offer price reflects a 17.7% discount to the recent five-day volume weighted average price of 1.58 cents, with the Company targeting to raise up to AU$3.7 million under the plan.
The funds raised through the capital placement are intended to support the commencement of a maiden diamond drilling campaign at the Company’s 100 per cent-owned Whroo Mines Gold–Antimony Project, in addition to bolstering overall working capital. This development comes after the proposed earn-in and joint venture agreement with Alkane Resources Limited, under which Alkane may undertake a strategic equity investment of up to AU$2.5 million, alongside phased exploration spending commitments to advance the gold–antimony project. Collectively, these developments enhance Nagambie’s financial flexibility and support accelerated exploration activities across its highly prospective gold-antimony asset base.
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