Update - Proposed issue of securities - FG1
Summary
We've updated the timetable for our entitlement offer and confirmed the quotation details for the attaching options, following our announcement on 21 September 2026. The offer itself is unchanged.
As a reminder, eligible shareholders can take up 1 new share for every 3 shares held at A$0.015 per share, with 1 free attaching option (exercisable at $0.03) for every 2 new shares issued. Up to 202,885,099 new shares and 101,442,549 options are proposed to be issued, subject to rounding. Funds raised will go towards finalising the mineral resource estimate at our Firetower Gold-Tungsten Project and continuing resource drilling at Golden Ridge in Tasmania.
Under the revised timetable, the offer opens with the record date on 30 September 2026, closes on 16 October 2026 (or 13 October if extended), and new shares are expected to start trading on a normal T+2 basis from 26 October 2026. The offer is renounceable, meaning eligible shareholders who don't wish to take up their entitlement can trade their rights on ASX between 29 September and 9 October 2026.
The offer is underwritten by Mahe Capital Pty Ltd up to A$1.5 million, on the fee terms set out in the announcement. Shareholders in Hong Kong, Ireland, Monaco, Singapore and the UK are not eligible to participate.
Full details, including the prospectus, are available at the link in the announcement. If you have questions about this offer, we'd encourage you to use the question box on this page.
This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.
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