True North Copper

Entitlement Offer Prospectus

True North Copper Limited (ASX: TNC) has released its Prospectus announcement.

For a non-renounceable accelerated institutional and retail entitlement issue of one (1) Share for every two (2) Shares held by those Eligible Shareholders registered at the Record Date at an issue price of $0.056 per Share to raise up to approximately $16,699,765 (based on the number of Shares on issue as at the date of this Prospectus) (Entitlement Offer).

Shareholders who apply for their full entitlement will also be entitled to apply for additional Shares under the Shortfall Offer up to a maximum of 100% of their existing Entitlements.

This Prospectus also contains an offer up to 135,237,504 Shares at an issue price of $0.056 per Share to Institutional Investors to raise up to approximately $7,573,300 (Placement Offer).

The Entitlement Offer and the Placement Offer are fully underwritten by Canaccord Genuity (Australia) Limited (ACN 075 071 466) (AFSL 234666) (Canaccord) and Morgans

Corporate Limited (ACN 010 539 607) (AFSL 235407) (Morgans) (together, the Underwriters).

IMPORTANT NOTICE

This document is important and should be read in its entirety. If after reading this Prospectus you have any questions about the Shares being offered under this Prospectus or any other matter, then you should consult your stockbroker, accountant or other professional adviser.

The Shares offered by this Prospectus should be considered highly speculative.


Click here for the full ASX Release

This article includes content from True North Copper, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

TNC:AU
The Conversation (0)
True North Copper (ASX:TNC)

True North Copper

On the path to becoming Australia’s next responsible copper producer

On the path to becoming Australia’s next responsible copper producer Keep Reading...
Aterian Plc (LSE:ATN)

Commencement of Work at KCB, Botswana

Aterian plc (LSE: ATN), the critical minerals exploration and development company, is pleased to announce the commencement of a soil geochemical programme over its licence PL2622/2023 ("Project") within the Kalahari Copperbelt ("KCB") located in the northwestern region of the Republic of... Keep Reading...
Phone displaying Wheaton Precious Metals website with gold bars on screen; logo and text in background.

KGL Secures US$300 Million Streaming Deal with Wheaton for Jervois Project

KGL Resources (ASX:KGL,OTCPL:KGLLF) has entered into a US$300 million precious metals purchase agreement with royalty and streaming company Wheaton Precious Metals (TSX:WPM,NYSE:WPM). The move will help fund the development of KGL's Jervois copper project in the Northern Territory.The agreement,... Keep Reading...
Argentinian flag with sun emblem waves on a white pole against a clear blue sky.

McEwen Copper Taps Lenders, US Federal Agencies for US$4 Billion Argentine Mine

McEwen Copper, a subsidiary of McEwen Mining (TSX:MUX,NYSE:MUX), is in negotiations with global lenders and United States federal agencies to secure US$4 billion for its Los Azules project in Argentina.The developer is targeting a capital structure comprising 30 to 40 percent equity, with debt... Keep Reading...
Aterian Plc (LSE:ATN)

Q1 2026 Rwanda Trading Update

Aterian plc (LSE: ATN), the critical minerals exploration and development company, is pleased to provide an update on its Rwandan mineral trading operations for the first quarter ended 31 March 2026.The Company continued to deliver strong growth in its trading activities during the period,... Keep Reading...

Interactive Chart

Latest Press Releases

Related News