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Narryer Metals Limited (ASX:NYM)

ALERT: Price-sensitive ASX Announcement for NYM
Current share price for NYM : $0.048 0.025 (108.70%)+
Announcement
Release
17 Apr 2026 9:08AM
Price at Release
$0.023
Full Release
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Summary
Narryer Metals Limited announced the successful completion of a strategic placement, raising $1.056 million through the issuance of 35,200,000 fully paid ordinary shares at $0.03 per share, a 30% premium over the last closing price. The placement involved new and existing shareholders, including the significant new shareholder Tim Goyder, a prominent mining investor. The funds will be used to support the company's working capital, explore new opportunities, and advance ongoing projects. The placement will occur in two tranches, with the second tranche subject to shareholder approval at a meeting scheduled for early June 2026.
Key Points
  • Strategic placement raised $1.056 million.
  • Shares issued at $0.03, a 30% premium.
  • Involvement of new strategic investor Tim Goyder.
  • Funds to support capital, new opportunities, and current projects.
  • Placement in two tranches with shareholder approval required for the second tranche.
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.