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SSH Group Ltd (ASX:SSH)

ALERT: Price-sensitive ASX Announcement for SSH
Current share price for SSH : $0.140 -0.005 (-3.45%)+
Announcement
Release
22 Oct 2025 9:19AM
Price at Release
$0.145
Full Release
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Summary
SSH Group Ltd announced a strategic equity placement of $2.53 million from Hong Kong Xinhai Mining Services Limited and Australia Xinhai Mining Services Pty Ltd to support its expansion within the Australian mining and processing sectors. The investment includes the issuance of 16,888,000 fully paid ordinary shares at $0.15 per share and 8,444,000 unlisted free-attaching options. This partnership aims to combine SSH's operational model with Xinhai's advanced EPC+M+O capabilities, allowing SSH to become a turnkey mining and processing provider. The collaboration is expected to enhance SSH's project execution capabilities and establish it as a competitive entity in the mining landscape. This investment also allows Xinhai to nominate a representative to SSH's Board, fostering strategic alignment.
Key Points
  • SSH Group Ltd enters a $2.53 million strategic placement with Xinhai Mining Services.
  • 16,888,000 fully paid ordinary shares issued at $0.15 each.
  • 8,444,000 unlisted free-attaching options exercisable at $0.25 each with a 2027 expiry.
  • Partnership enhances SSH's mining and processing capabilities.
  • Xinhai to nominate a board representative at SSH Group.
  • Investment strengthens SSH's balance sheet and supports growth.
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.