InvestSMART

Activex Limited (ASX:AIV)

ALERT: Price-sensitive ASX Announcement for AIV
Current share price for AIV : $0.023 0.002 (9.52%)+
Release
12 Mar 2026 9:48AM
Price at Release
$0.021
Full Release
download
Summary
ActivEX Limited announced the completion of a share placement involving the issuance of 21,087,628 fully paid ordinary shares at $0.02 per share. These shares are subject to a 12-month voluntary escrow period, ending on 10 March 2027. The funds raised from this placement are intended to support the further development of the company's current exploration projects and to cover general working capital needs. The issuance was conducted without the need for disclosure under Part 6D.2 of the Corporations Act 2001.
Key Points
  • ActivEX Limited completed a share placement.
  • 21,087,628 fully paid ordinary shares were issued at $0.02 per share.
  • Placement shares are subject to a 12-month voluntary escrow until 10 March 2027.
  • Funds will be used for existing exploration projects and general working capital.
  • The share issuance was done without disclosure under Part 6D.2 of the Corporations Act 2001.
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.