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Resource Base Limited (ASX:RBX)

ALERT: Price-sensitive ASX Announcement for RBX
Current share price for RBX : $0.025 0.003 (13.64%)+
Release
31 Jul 2026 9:40AM
Price at Release
$0.022
Full Release
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Summary
Resource Base Limited announced a two-tranche placement to raise $650,000, priced at $0.025 per share. This represents a 13.6% premium over the last closing price. The issuance will involve 26,000,000 shares, with Tranche 1 comprising 22,000,000 shares and Tranche 2, which includes director participation, comprising 4,000,000 shares. The funds are intended for advancing current projects, working capital, and identifying new opportunities. Tranche 1 is slated for settlement by 6 August 2026, with shares allocated by 7 August.
Key Points
  • Resource Base Limited plans to raise $650,000 through a two-tranche share placement.
  • The placement is priced at $0.025 per share, which is a 13.6% premium to the last closing price.
  • 26,000,000 shares will be issued in total, with 22,000,000 under Tranche 1 and 4,000,000 under Tranche 2.
  • Director participation in the placement amounts to $100,000, subject to shareholder approval.
  • Proceeds will fund existing projects, provide working capital, and explore new opportunities.
  • Settlement for Tranche 1 is expected by 6 August 2026, with allotment on 7 August 2026.
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.