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APC Minerals Limited (ASX:APC)

ALERT: Price-sensitive ASX Announcement for APC
Current share price for APC : $0.008 -0.001 (-11.11%)+
Announcement
Release
16 Jan 2026 10:03AM
Price at Release
$0.009
Full Release
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Summary
APC Minerals Limited has announced that it has received firm commitments from sophisticated and professional investors for a top-up placement of 66,000,000 fully paid ordinary shares at an issue price of $0.004 per share, raising a total of $264,000 before costs. This placement will provide the company with increased financial flexibility to pursue new project opportunities and to support the retention and advancement of its existing portfolio. The issue price represents a significant discount to both the last closing price and the 15-day volume weighted average price. Yelverton Capital Pty Ltd has been engaged as the Lead Manager for this placement, and the shares will be issued under the company's existing placement capacity as per ASX Listing Rule 7.1.
Key Points
  • APC received commitments for a top-up placement of 66 million shares.
  • The issue price is $0.004 per share, raising $264,000 before costs.
  • The placement offers financial flexibility for new projects and existing portfolio advancement.
  • The issue price reflects a 55.56% discount to the last closing price.
  • Yelverton Capital Pty Ltd is the Lead Manager for the placement.
  • Shares are issued 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.