Centaurus Metals Raises AU$3.1 Million Via Share Purchase Plan

MT Newswires Live

09/15

Centaurus Metals (ASX:CTM) said its non-underwritten share purchase plan to eligible shareholders at AU$0.36 per new fully-paid ordinary share raised AU$3.1 million before costs, according to a Monday Australian bourse filing.

The proceeds will be used to advance the development of its Jaguar nickel sulfide project in Brazil and to support the Jaguar strategic partnering and debt funding processes ahead of a final investment decision, which is targeted for the first half of 2026.

The plan closed on Sept. 5, and the firm received valid applications for 8.5 million new shares.

Centaurus Metals' shares fell past 1% in recent trading on Monday.

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