AIS.ASX: RESULTS OF OVERSUBSCRIBED SHARE PURCHASE PLAN

RESULTS OF OVERSUBSCRIBED SHARE PURCHASE PLAN

Stock	Aeris Resources Ltd (AIS.ASX)
Release Time	19 Dec 2025, 9:17 a.m.
Price Sensitive	Yes

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Aeris Resources Oversubscribed Share Purchase Plan Raises $21.6M

Key Points

Targeted $10M SPP was oversubscribed, with $21.6M in applications from 1,287 shareholders
Company will issue all valid applications in full, no scale-back
Proceeds to be used for general working capital

Full Summary

Aeris Resources Limited (ASX: AIS) has announced the results of its oversubscribed Share Purchase Plan (SPP). The company was targeting a raising of $10 million under the SPP, which was conducted at the same price as the recent Placement, being $0.45 per share. However, the SPP was oversubscribed, with the company receiving valid applications totalling $21,586,241 from 1,287 shareholders. The Board has decided to increase the Offer rather than scale back applications, and all valid applications received from eligible shareholders under the SPP have been accepted in full. A total of 47,968,834 new shares are expected to be issued under the SPP on 23 December 2025, ranking equally with existing ordinary shares. The proceeds from the SPP will be applied to general working capital. Aeris Resources' Executive Chairman, Andre Labuschagne, thanked all shareholders for their continued support and confirmed that no scale-back was applied.