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Aguia Resources Limited (ASX:AGR)

ALERT: Price-sensitive ASX Announcement for AGR
Current share price for AGR : $0.011 -0.008 (-42.11%)+
Announcement
Release
22 Jul 2026 9:45AM
Price at Release
$0.019
Full Release
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Summary
Aguia Resources Limited has successfully completed a $3 million capital raising through the placement of 176.5 million fully paid ordinary shares at $0.017. This placement was heavily supported by both new and existing institutional shareholders and sophisticated investors. The raised funds will be allocated to advancing the Tres Estradas phosphate project in Brazil, undertaking exploration drilling for additional phosphate resources, continuing development of the Santa Barbara Gold Project in Colombia, and providing additional working capital. The placement was managed by Far East Capital Limited and includes the participation of a director, Ben Jarvis, pending shareholder approval at the next Annual General Meeting.
Key Points
  • Placement of 176.5 million fully paid ordinary shares at $0.017
  • Funds to advance Tres Estradas phosphate project in Brazil
  • Exploration drilling for additional phosphate resources
  • Development of Santa Barbara Gold Project in Colombia
  • Managed by Far East Capital Limited
  • Participation by Company Director Ben Jarvis pending approval
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.