AGE.ASX: A$15m Placement and A$3m Share Purchase Plan

A$15m Placement and A$3m Share Purchase Plan

Stock	Alligator Energy Ltd (AGE.ASX)
Release Time	6 Aug 2026, 9:53 a.m.
Price Sensitive	Yes

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Alligator Energy Announces A$18m Capital Raise

Key Points

Commitments for A$15m placement at A$0.045 per share
Share Purchase Plan for eligible shareholders to raise up to A$3m
Funds to support drilling programs and feasibility study for Samphire Uranium Project

Full Summary

Alligator Energy Limited has announced a capital raise of A$18m through a placement and Share Purchase Plan (SPP). The placement, at A$0.045 per share, aims to raise A$15m and is supported by both existing and new institutional investors. The SPP, also at A$0.045 per share, seeks to raise up to A$3m from eligible shareholders. The funds will support resource drilling programs at Blackbush, Plumbush, and the corridor between the two deposits, complete the current drill program at the Big Lake project, progress the mining lease application for the Samphire Uranium Project, and advance the feasibility study targeting completion in Q3 2027.

Guidance

None

Outlook

Alligator Energy expects to achieve several milestones over the next 12 to 18 months, including drilling, technical, permitting, and exploration milestones.