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Bastion Minerals Limited (ASX:BMO)

ALERT: Price-sensitive ASX Announcement for BMO
Current share price for BMO : $0.051 0.05 (5,000%)+
Announcement
Release
8 Dec 2025 8:20AM
Price at Release
$0.001
Full Release
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Summary
Bastion Minerals Limited (ASX: BMO) announced an At-The-Market (ATM) Subscription Agreement with Dolphin Corporate Investments, providing up to $500,000 of standby equity capital over three years. The ATM offers Bastion a flexible and cost-effective funding option with the ability to control capital issuance timing, minimizing dilution without additional options or rights. Bastion can choose whether to utilize the ATM, the number of shares issued, and the minimum share price. Bastion also retains the right to terminate the ATM at any time without penalty. This arrangement enhances Bastion's financial flexibility while reducing capital costs.
Key Points
  • Bastion Minerals enters an ATM agreement with Dolphin Corporate Investments.
  • ATM provides up to $500,000 equity capital over three years.
  • Offers flexible funding without additional options or rights.
  • Bastion controls timing and conditions of capital issuance.
  • Bastion can terminate the ATM without cost or penalty.
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.