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Avenira Limited (ASX:AEV)

ALERT: Price-sensitive ASX Announcement for AEV
Current share price for AEV : $0.008 0.001 (14.29%)+
Announcement
Release
19 Aug 2026 8:02AM
Price at Release
$0.007
Full Release
download
Summary
Avenira Limited, an ASX-listed company, announced the commencement of rights trading for a renounceable rights issue intended to raise up to $49 million. The rights trading, which began on 19 August 2026, allows shareholders to trade their entitlements on the ASX until 3 September 2026. This flexibility enables shareholders to either fully participate, partially participate, or sell their entitlements on the market. The company's main asset is the 100%-owned Wonarah Phosphate Project, with additional interests in the Jundee South gold exploration project.
Key Points
  • Avenira Limited is a mine developer listed on the ASX.
  • The company's principal asset is the 100%-owned Wonarah Phosphate Project in the Northern Territory.
  • Avenira is also involved in the Jundee South gold exploration project in Western Australia.
  • A renounceable rights issue was announced to raise up to $49 million.
  • Rights trading for the renounceable rights issue commenced on 19 August 2026.
  • Rights trading will end on 3 September 2026.
  • Shareholders can sell their entitlements through the ASX if they choose not to participate fully.
  • The announcement was authorized by the Board of Directors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.