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Activex Limited (ASX:AIV)

ALERT: Price-sensitive ASX Announcement for AIV
Current share price for AIV : $0.018 -0.003 (-14.29%)+
Announcement
Release
11 Mar 2026 11:10AM
Price at Release
$0.021
Full Release
download
Summary
ActivEX Limited announced the successful placement of 21,087,628 fully paid ordinary shares, raising $421,752.56 before costs. The shares were issued at $0.02 each to investors Xuan Dong and Ah Ching Wong, representing a 4.76% discount on the closing price and a 1.48% discount on the VWAP over 15 trading days. Subject to a 12-month escrow, the funds will support ongoing exploration projects and general capital needs. The placement adhered to ASX Listing Rule 7.1 and was authorized by the Board.
Key Points
  • ActivEX Limited raised $421,752.56 before costs.
  • 21,087,628 fully paid ordinary shares were placed.
  • Shares priced at $0.02 each, with discounts on recent prices.
  • Investors included Xuan Dong and Ah Ching Wong.
  • Placement shares have a 12-month escrow period.
  • Funds will be used for exploration and working capital.
  • Authorized under ASX Listing Rule 7.1.
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.