Finder Energy Holdings Raise Nearly AU$20 Million in First Tranche of Placement

MT Newswires Live

2025/12/09

Finder Energy Holdings (ASX:FDR) raised around AU$19.8 million via the issuance of 53.5 million fully paid ordinary shares at AU$0.37 per share to institutional, professional, and sophisticated investors under the first tranche of a placement, according to a Tuesday Australian bourse filing.

The second tranche will comprise over 14 million fully paid ordinary shares subject to shareholder approval, which will be sought at an extraordinary general meeting, expected to be held in January 2026.

The firm's shares fell 2% in recent trading on Tuesday.

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