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Carbine Resources Limited (ASX:CRB)

ALERT: Price-sensitive ASX Announcement for CRB
Current share price for CRB : $0.008 0.002 (33.33%)+
Announcement
Release
15 Aug 2025 6:03PM
Price at Release
$0.006
Full Release
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Summary
Carbine Resources Limited (CRB) announced an update regarding a placement to raise capital. The placement involved the issue of fully paid ordinary shares at an offer price of $0.024 per share, raising gross proceeds of approximately $2.9 million. The funds raised will be used to advance exploration and development activities at the company's projects. The announcement details the completion of the placement, including the allocation of shares and expected use of proceeds. The company expresses gratitude for the support from new and existing shareholders and outlines how the capital will enhance its exploration efforts and pursue value-adding opportunities.
Key Points
  • Carbine Resources Limited (CRB) provided an update on a successful placement to raise capital.
  • The placement involved fully paid ordinary shares at $0.024 per share.
  • Gross proceeds from the placement were approximately $2.9 million.
  • Funds will be used to advance exploration and development at CRB's projects.
  • Share allocation and use of proceeds are detailed in the announcement.
  • The company thanks new and existing shareholders for their support.
  • Capital raised will support exploration efforts and value-adding opportunities.
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.