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Altamin Limited (ASX:AZI)

ALERT: Price-sensitive ASX Announcement for AZI
Current share price for AZI : $0.023 -0.01 (-30.30%)+
Announcement
Release
29 Sep 2025 11:35AM
Price at Release
$0.033
Full Release
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Summary
Altamin Limited has launched a retail entitlement offer as part of a broader capital-raising initiative to fund their Lazio and Gorno projects. The offer allows eligible shareholders to purchase 45 new shares for every 100 held, at $0.025 each, aiming to raise about $6.46 million. The retail offer opens on 29 September 2025 and closes on 8 October 2025, with new shares expected to be allotted by 13 October 2025. This offer is not underwritten and excludes U.S. shareholders, with details available in the Retail Offer Booklet.
Key Points
  • Altamin Limited announced a 45 for 100 pro-rata accelerated non-renounceable entitlement offer.
  • The offer aims to raise approximately $6.46 million through new fully paid ordinary shares at $0.025 per share.
  • The offer includes both an institutional entitlement offer and a retail entitlement offer.
  • Funds raised will support exploration and activities at the Lazio Project and maintain the Gorno Project.
  • The retail entitlement offer opens on 29 September 2025 and closes on 8 October 2025.
  • New shares are expected to be allotted on 13 October 2025.
  • The entitlement offer is not underwritten and does not require a prospectus.
  • Eligible retail shareholders are those registered with a permitted jurisdiction address and not in the United States.
  • Shareholders can access the Retail Offer Booklet online for detailed information.
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.