29Metals Completes AU$31 Million Retail Entitlement Offer

MT Newswires Live

Feb 17

29Metals (ASX:29M) completed the retail portion of its fully underwritten 1-for-3.66 accelerated non-renounceable entitlement offer, raising around AU$31 million at AU$0.40 per share, according to a Tuesday filing with the Australian bourse.

The retail entitlement offer closed on Feb. 11 with 55.5 million new shares applied for, representing a 71% take-up, and is scheduled to settle on Tuesday with shares expected to be allotted on Wednesday, per the filing.

The completion of the retail entitlement offer marks the final stage of the fully underwritten entitlement offer, following the institutional component, which closed on Jan. 20 and raised around AU$119 million, the filing added.

The company's shares fell around 1% in recent Tuesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2612359984"},"companyName":"Tiger Brokers"},"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:\"2612359984\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612359984?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-17 09:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612359984","market":"sh","top_or_hot":-1,"title":"29Metals Completes AU$31 Million Retail Entitlement Offer","media":"MT Newswires Live","content":"<html><body><p> 29Metals (ASX:29M) completed the retail portion of its fully underwritten 1-for-3.66 accelerated non-renounceable entitlement offer, raising around AU$31 million at AU$0.40 per share, according to a Tuesday filing with the Australian bourse.</p><p>The retail entitlement offer closed on Feb. 11 with 55.5 million new shares applied for, representing a 71% take-up, and is scheduled to settle on Tuesday with shares expected to be allotted on Wednesday, per the filing.</p><p>The completion of the retail entitlement offer marks the final stage of the fully underwritten entitlement offer, following the institutional component, which closed on Jan. 20 and raised around AU$119 million, the filing added.</p><p>The company's shares fell around 1% in recent Tuesday trade.</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 Completes AU$31 Million Retail 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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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 Completes AU$31 Million Retail Entitlement Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\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\">2026-02-17 09:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> 29Metals (ASX:29M) completed the retail portion of its fully underwritten 1-for-3.66 accelerated non-renounceable entitlement offer, raising around AU$31 million at AU$0.40 per share, according to a Tuesday filing with the Australian bourse.</p><p>The retail entitlement offer closed on Feb. 11 with 55.5 million new shares applied for, representing a 71% take-up, and is scheduled to settle on Tuesday with shares expected to be allotted on Wednesday, per the filing.</p><p>The completion of the retail entitlement offer marks the final stage of the fully underwritten entitlement offer, following the institutional component, which closed on Jan. 20 and raised around AU$119 million, the filing added.</p><p>The company's shares fell around 1% in recent Tuesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612359984","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612359984","pubTimestamp":1771290620,"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  completed the retail portion of its fully underwritten 1-for-3.66 accelerated non-renounceable entitlement offer, raising around AU$31 million at AU$0.40 per share, according to a Tuesday filing with the Australian bourse.The retail entitlement offer closed on Feb. 11 with 55.5 million new shares applied for, representing a 71% take-up, and is scheduled to settle on Tuesday with shares expected to be allotted on Wednesday, per the filing.The completion of the retail entitlement offer marks the final stage of the fully underwritten entitlement offer, following the institutional component, which closed on Jan. 20 and raised around AU$119 million, the filing added.The company's shares fell around 1% in recent Tuesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","29M.AU":"29Metals Ltd"},"translate_title":"29Metals完成3100万澳元零售授权要约","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"29M.AU":1},"content_text":"29Metals (ASX:29M) completed the retail portion of its fully underwritten 1-for-3.66 accelerated non-renounceable entitlement offer, raising around AU$31 million at AU$0.40 per share, according to a Tuesday filing with the Australian bourse.The retail entitlement offer closed on Feb. 11 with 55.5 million new shares applied for, representing a 71% take-up, and is scheduled to settle on Tuesday with shares expected to be allotted on Wednesday, per the filing.The completion of the retail entitlement offer marks the final stage of the fully underwritten entitlement offer, following the institutional component, which closed on Jan. 20 and raised around AU$119 million, the filing added.The company's shares fell around 1% in recent Tuesday trade.","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":1,"need_auth":false,"code":"91000000","status":"200"}}}