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Caprice Resources Limited (ASX:CRS)

ALERT: Price-sensitive ASX Announcement for CRS
Current share price for CRS : $0.083 -0.012 (-12.63%)+
Announcement
Release
9 Mar 2026 10:01AM
Price at Release
$0.095
Full Release
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Summary
Caprice Resources Limited announced a successful $12.74 million placement to institutional and sophisticated investors at $0.08 per share. The placement, aimed at accelerating exploration drilling, was oversubscribed and will fund exploration at the Murchison Gold Projects, including the Island Gold Project, the Comet, and Cuddingwarra Gold Projects. These funds will support extensive drilling programs, including reverse circulation, aircore, and diamond drilling. With the placement, Caprice's cash balance increases to approximately $15 million, strengthening its position to progress exploration across its gold and base metals projects in Western Australia.
Key Points
  • Caprice Resources Limited raised $12.74 million through a placement.
  • The placement was oversubscribed and upsized.
  • Funds will be used for exploration drilling at Murchison Gold Projects.
  • Caprice's cash balance will be approximately $15 million post-placement.
  • Drilling programs include reverse circulation, aircore, and diamond drilling.
  • The placement strengthens Caprice's position in its Western Australian projects.
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.