• Placement of new fully paid ordinary shares to raise ~A$58M
• Funds to be used for growth initiatives and general corporate purposes
• Placement to be conducted at A$0.59 per share, representing a 5.6% discount to last close

St Barbara Ltd has announced a capital raising of approximately A$58 million through a placement of new fully paid ordinary shares. The placement will be conducted at A$0.59 per share, representing a 5.6% discount to the last closing price. The funds raised will be used to support the company's growth initiatives and for general corporate purposes. The placement is not being offered to US investors and is subject to customary offer restrictions. The company has provided important disclaimers and cautionary statements regarding the information presented, including in relation to forward-looking statements, mineral resources and ore reserves, and production targets. Investors are advised to read the full announcement carefully and seek independent professional advice before making any investment decisions.