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Audalia Resources Limited (ASX:ACP)

ALERT: Price-sensitive ASX Announcement for ACP
Current share price for ACP : $0.025 0.002 (8.70%)+
Announcement
Release
26 Sep 2025 8:33AM
Price at Release
$0.023
Full Release
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Summary
Audalia Resources Limited announced its plan to raise $500,000 through the placement of 20,000,000 fully paid ordinary shares at $0.025 each to a sophisticated investor. The funds will support the Medcalf Project by progressing the mining design, obtaining permits, and providing general working capital. The placement is set to complete by 3 October 2025, within the company's available capacity under Listing Rule 7.1A. Audalia is exploring further funding options to secure the necessary regulatory approvals for the development of the Medcalf Project.
Key Points
  • Audalia Resources Limited plans to raise $500,000.
  • Placement involves 20,000,000 fully paid ordinary shares.
  • Shares priced at $0.025 each.
  • Funding supports the Medcalf Project.
  • Placement completion expected by 3 October 2025.
  • Exploring further funding options.
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.