InvestSMART

APC Minerals Limited (ASX:APC)

ALERT: Price-sensitive ASX Announcement for APC
Current share price for APC : $0.009 0.001 (12.50%)+
Announcement
Release
15 Jan 2026 10:14AM
Price at Release
$0.008
Full Release
download
Summary
APC Minerals Limited conducted a pro-rata renounceable entitlement offer, allowing shareholders to purchase thirteen new shares for every eleven shares they held, at an issue price of $0.004 per share. This offer, aimed at raising $1,384,771, was closed on January 8, 2026, and was significantly oversubscribed, receiving applications for a total of $2,178,206. Consequently, refunds amounting to $793,435 are being processed. Yelverton Capital Pty Ltd served as the underwriter for this offer. An Appendix 2A will be issued separately, and the announcement was authorized by Michael Fry, the Company Secretary.
Key Points
  • APC Minerals Limited offered a pro-rata renounceable entitlement of thirteen new shares for every eleven shares held.
  • The issue price was set at $0.004 per new share to raise $1,384,771 before costs.
  • The offer closed on January 8, 2026, and was heavily oversubscribed.
  • Applications received totaled $2,178,206, exceeding the initial goal.
  • Refunds totaling $793,435 are being processed for oversubscriptions.
  • Yelverton Capital Pty Ltd acted as Underwriter to the Entitlement Offer.
  • An Appendix 2A is to be released subsequently.
  • The announcement was authorized by Michael Fry, Company Secretary.
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.