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Arrow Minerals Ltd (ASX:AMD)

ALERT: Price-sensitive ASX Announcement for AMD
Current share price for AMD : $0.005 0.001 (25%)+
Announcement
Release
24 Jun 2026 11:14AM
Price at Release
$0.004
Full Release
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Summary
Arrow Minerals Limited (ASX: AMD) announced the completion of its acquisition of an 80% interest in the Yarraloola Copper Project located in the West Pilbara region of Western Australia. The completion occurred on 24 June 2026, following the satisfaction of the final condition precedent related to the company's capital raising. The acquisition involved a payment of $50,000 in cash and the issuance of 125,000,000 shares valued at A$500,000. Additionally, Arrow Minerals has agreed to issue contingent consideration shares valued at A$600,000 upon the satisfaction of certain milestones. The project acquisition aims to advance Arrow's strategic interests in the region.
Key Points
  • Arrow Minerals completed acquisition of 80% interest in Yarraloola Copper Project.
  • Completion follows satisfaction of capital raising related conditions.
  • Acquisition payment included $50,000 cash and 125,000,000 shares valued at A$500,000.
  • Contingent consideration shares worth A$600,000 to be issued upon milestone satisfaction.
  • The project is situated in West Pilbara, Western Australia.
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.