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Impact Minerals Limited (ASX:IPT)

ALERT: Price-sensitive ASX Announcement for IPT
Current share price for IPT : $0.021 -0.02 (-48.78%)+
Announcement
Release
17 Aug 2026 9:35AM
Price at Release
$0.041
Full Release
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Summary
Impact Minerals Limited has announced a renounceable rights issue to raise up to $4.1 million through a 1 for 4 offer priced at $0.032 per share. This price represents a discount compared to the last closing and the 90-day volume-weighted average price. Shareholders will receive 2 free attaching options for every 3 shares subscribed, with an exercise price of $0.06 and a term of 2.5 years. The funds will support the Lake Hope High Purity Alumina Project, further exploration activities, and general capital needs. The rights trading period starts on 19 August 2026, with the offer closing on 9 September 2026, and it is partially underwritten for $1.5 million by Mahe Capital Pty Ltd.
Key Points
  • Impact Minerals Limited announces a 1 for 4 renounceable rights issue to raise up to $4.1 million.
  • Shares will be priced at $0.032, representing a discount to previous prices.
  • For every 3 new shares, shareholders receive 2 free attaching options with a $0.06 exercise price.
  • Funds will be used for the Lake Hope HPA Project, exploration, and general working capital.
  • Rights trading begins on 19 August 2026 and closes on 9 September 2026.
  • The issue is partially underwritten by Mahe Capital Pty Ltd for $1.5 million.
  • Eligible shareholders are those based in Australia, New Zealand, and Germany.
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.