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RBR Group Limited (ASX:RBR)

ALERT: Price-sensitive ASX Announcement for RBR
Current share price for RBR : $0.016 -0.004 (-20%)+
Announcement
Release
1 May 2026 9:52AM
Price at Release
$0.020
Full Release
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Summary
RBR Group Limited announced a share placement to raise $365,000 to support its activities in Mozambique and enhance its corporate profile. The capital raise was supported by Paul Natoli, a major shareholder and CEO of Grounded Group, who contributed $150,000. The placement involved 20.3 million ordinary shares at $0.018 per share, with options offered for additional shares. The initiative aims to enhance the company's balance sheet and restructure its debt facilities.
Key Points
  • Capital raise of $365,000 through share placement.
  • Support from major shareholder Paul Natoli.
  • 20.3 million ordinary shares issued at $0.018 each.
  • Options for additional shares at $0.03.
  • Funds to support Mozambique contracts and corporate enhancement.
  • Efforts to improve balance sheet and restructure debt.
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.