29Metals Secures AU$150 Million Through Fully Underwritten Entitlement Offer

MT Newswires Live

01/20

29Metals (ASX:29M) launched a fully underwritten, accelerated 1-for-3.7 entitlement offer to raise AU$150 million, according to a Tuesday filing with the Australian bourse.

The company will issue around 375 million new shares at AU$0.40 each, representing a nearly 27% discount to the stock's 30-day volume-weighted average price.

The offer includes both an accelerated institutional component and a retail component, per the filing.

Substantial holders BUMA and AustralianSuper have committed AU$29.2 million and AU$26.8 million, respectively. If there is a shortfall in the offer, BUMA will purchase any excess entitlements, which could raise its stake in the company to 25.8%, the filing said.

The funds will be used for working capital to address the impact of seismicity at Xantho Extended in Western Australia, support ongoing investment in Gossan Valley in Western Australia, and advance the restart of Capricorn Copper in Queensland, the filing added.

Trading in the company's shares is halted.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2604590401"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2604590401\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2604590401?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-20 08:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2604590401","market":"sg","top_or_hot":-1,"title":"29Metals Secures AU$150 Million Through Fully Underwritten Entitlement Offer","media":"MT Newswires Live","content":"<html><body><p> 29Metals (ASX:29M) launched a fully underwritten, accelerated 1-for-3.7 entitlement offer to raise AU$150 million, according to a Tuesday filing with the Australian bourse.</p><p>The company will issue around 375 million new shares at AU$0.40 each, representing a nearly 27% discount to the stock's 30-day volume-weighted average price.</p><p>The offer includes both an accelerated institutional component and a retail component, per the filing.</p><p>Substantial holders BUMA and AustralianSuper have committed AU$29.2 million and AU$26.8 million, respectively. If there is a shortfall in the offer, BUMA will purchase any excess entitlements, which could raise its stake in the company to 25.8%, the filing said.</p><p>The funds will be used for working capital to address the impact of seismicity at Xantho Extended in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, support ongoing investment in Gossan Valley in Western Australia, and advance the restart of Capricorn Copper in Queensland, the filing added.</p><p>Trading in the company's shares is halted.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>29Metals Secures AU$150 Million Through Fully Underwritten Entitlement Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n29Metals Secures AU$150 Million Through Fully Underwritten Entitlement Offer\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2026-01-20 08:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> 29Metals (ASX:29M) launched a fully underwritten, accelerated 1-for-3.7 entitlement offer to raise AU$150 million, according to a Tuesday filing with the Australian bourse.</p><p>The company will issue around 375 million new shares at AU$0.40 each, representing a nearly 27% discount to the stock's 30-day volume-weighted average price.</p><p>The offer includes both an accelerated institutional component and a retail component, per the filing.</p><p>Substantial holders BUMA and AustralianSuper have committed AU$29.2 million and AU$26.8 million, respectively. If there is a shortfall in the offer, BUMA will purchase any excess entitlements, which could raise its stake in the company to 25.8%, the filing said.</p><p>The funds will be used for working capital to address the impact of seismicity at Xantho Extended in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, support ongoing investment in Gossan Valley in Western Australia, and advance the restart of Capricorn Copper in Queensland, the filing added.</p><p>Trading in the company's shares is halted.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"29M.AU","symbol_name":"29Metals Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2604590401","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2604590401","pubTimestamp":1768867825,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"29Metals  launched a fully underwritten, accelerated 1-for-3.7 entitlement offer to raise AU$150 million, according to a Tuesday filing with the Australian bourse.The company will issue around 375 million new shares at AU$0.40 each, representing a nearly 27% discount to the stock's 30-day volume-weighted average price.The offer includes both an accelerated institutional component and a retail component, per the filing.Substantial holders BUMA and AustralianSuper have committed AU$29.2 million and AU$26.8 million, respectively. If there is a shortfall in the offer, BUMA will purchase any excess entitlements, which could raise its stake in the company to 25.8%, the filing said.The funds will be used for working capital to address the impact of seismicity at Xantho Extended in Western Australia, support ongoing investment in Gossan Valley in Western Australia, and advance the restart of Capricorn Copper in Queensland, the filing added.Trading in the company's shares is halted.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"29M.AU":"29Metals Ltd","BK7095":"多种金属与采矿"},"translate_title":"29Metals通过全额承销配股获得1.5亿澳元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"29M.AU":1},"content_text":"29Metals (ASX:29M) launched a fully underwritten, accelerated 1-for-3.7 entitlement offer to raise AU$150 million, according to a Tuesday filing with the Australian bourse.The company will issue around 375 million new shares at AU$0.40 each, representing a nearly 27% discount to the stock's 30-day volume-weighted average price.The offer includes both an accelerated institutional component and a retail component, per the filing.Substantial holders BUMA and AustralianSuper have committed AU$29.2 million and AU$26.8 million, respectively. If there is a shortfall in the offer, BUMA will purchase any excess entitlements, which could raise its stake in the company to 25.8%, the filing said.The funds will be used for working capital to address the impact of seismicity at Xantho Extended in Western Australia, support ongoing investment in Gossan Valley in Western Australia, and advance the restart of Capricorn Copper in Queensland, the filing added.Trading in the company's shares is halted.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}