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Alice Queen Limited (ASX:AQX)

ALERT: Price-sensitive ASX Announcement for AQX
Current share price for AQX : $0.007 -0.008 (-53.33%)+
Announcement
Release
10 Feb 2026 1:42PM
Price at Release
$0.015
Full Release
download
Summary
Alice Queen Limited announced an upsize to tranche two of their placement, securing $280,000 from unrelated investors in addition to $510,894.27 previously committed by Gage Resource Development Pty Ltd. The placement involves fully paid ordinary shares priced at $0.004 with the issuance of one free-attaching listed AQXO option for every two shares. The exercise price for the options is $0.008, expiring on 30 June 2028. The funds will be used for updating the Horn Island Scoping Study, exploring the Viani Gold Project in Fiji, and general working capital. The company plans to issue shares and options under its ASX Listing Rule 7.1 placement capacity and will lodge a prospectus to qualify these for secondary trading.
Key Points
  • Upsize of tranche two of placement announced.
  • Secured $280,000 from unrelated investors.
  • Additional $510,894.27 committed by Gage Resource Development Pty Ltd.
  • Offer of fully paid ordinary shares at $0.004 per share.
  • One free-attaching AQXO option for every two shares.
  • Options have an exercise price of $0.008, expiring 30 June 2028.
  • Funds for Horn Island Scoping Study update, Viani Gold Project exploration, and working capital.
  • Placement under ASX Listing Rule 7.1.
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.