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Burley Minerals Ltd (ASX:BUR)

ALERT: Price-sensitive ASX Announcement for BUR
Current share price for BUR : $0.023 -0.002 (-8%)+
Announcement
Release
21 May 2026 9:49AM
Price at Release
$0.025
Full Release
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Summary
Burley Minerals Ltd has announced a Share Purchase Plan (SPP) allowing eligible Australian and New Zealand shareholders to purchase up to $30,000 worth of new shares at a price of $0.023 per share, without incurring brokerage fees. The SPP aims to raise a maximum of $300,000 and is open from 21 May 2026 to 5 June 2026, with new shares scheduled to be allotted on 12 June 2026. The offer, which cannot be transferred and is not available to U.S. persons, includes provisions for potential oversubscriptions and scaling back. The company retains the discretion to amend or terminate the offer, and refunds will be issued without interest if necessary.
Key Points
  • Burley Minerals Ltd offers a Share Purchase Plan (SPP) to eligible shareholders.
  • Eligible shareholders can subscribe for up to $30,000 of new shares without brokerage costs.
  • The offer price for new shares is set at $0.023 per share.
  • The offer aims to raise up to $300,000 in total.
  • Participation is voluntary and not open to US persons.
  • The offer period is from 21 May 2026 to 5 June 2026.
  • New shares will be allotted on 12 June 2026 and commence trading on 13 June 2026.
  • The offer is non-renounceable and cannot be transferred.
  • Refunds will not bear interest and will be paid if necessary.
  • The company reserves the right to amend or terminate the offer.
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.