Sunstone Metals Fast-Tracks Bramaderos Scoping Study After Securing AU$8 Million Placement
Sunstone Metals Limited (ASX: STM) has raised AU$8 million through a placement at AU$0.019 per share, supported by existing institutional investors and new shareholders. Director participation of AU$80,000 will proceed subject to approval. The funding will accelerate the Bramaderos Gold-Copper Project Scoping Study, expand drilling across the Company’s 4.8Moz AuEq mineral resource base, and cover concession fees and working capital.
The capital raise occurs alongside ongoing corporate discussions, where Sunstone continues evaluating long-term funding structures and potential strategic transactions. Negotiations remain active, with draft terms under review, although no agreement has yet been finalised.
The placement includes 421 million new shares, issued within ASX Listing Rule 7.1 capacity, priced at a discount to Sunstone’s recent trading levels. With a strong geological pipeline and two world-class Ecuadorian assets, the Company is positioned to accelerate studies and resource growth initiatives heading into 2026.
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
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Sunstone Metals Fast-Tracks Bramaderos Scoping Study After Securing AU$8 Million Placement
Sunstone Metals Limited (ASX: STM) has raised AU$8 million through a placement at AU$0.019 per share, supported by existing institutional investors and new shareholders. Director participation of AU$80,000 will proceed subject to approval. The funding will accelerate the Bramaderos Gold-Copper Project Scoping Study, expand drilling across the Company’s 4.8Moz AuEq mineral resource base, and cover concession fees and working capital.
The capital raise occurs alongside ongoing corporate discussions, where Sunstone continues evaluating long-term funding structures and potential strategic transactions. Negotiations remain active, with draft terms under review, although no agreement has yet been finalised.
The placement includes 421 million new shares, issued within ASX Listing Rule 7.1 capacity, priced at a discount to Sunstone’s recent trading levels. With a strong geological pipeline and two world-class Ecuadorian assets, the Company is positioned to accelerate studies and resource growth initiatives heading into 2026.
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