Nagambie Resources Ltd: Recent Financial Developments

Nagambie Resources Ltd, an exploration and development company specializing in open-pit, oxide, and disseminated gold deposits in central Victoria, has recently made several significant announcements. The company, listed on the ASX All Markets with a market capitalization of AUD 13,656,139, has seen its share price close at 0.017 AUD on August 10, 2025, with a 52-week high of 0.03 AUD and a low of 0.009 AUD.

Capital Raising and Operational Updates

On August 12, 2025, Nagambie Resources Ltd announced the successful completion of a $1.2 million capital raising. This funding is set to support the mobilization of a diamond drilling rig to their site, marking a significant step forward in their exploration activities. The capital raising is part of the company’s ongoing efforts to advance its projects and enhance its operational capabilities.

Securities Quotation Application

In another development, Nagambie Resources Ltd has applied for the quotation of securities on the ASX. The company plans to quote 92,307,693 ordinary fully paid shares, with the issue date set for August 12, 2025. This move is part of a transaction previously announced to the market, indicating the company’s strategic efforts to increase liquidity and investor access.

Changes in Substantial Holdings

The company also reported a change in the interests of a substantial holder, Kevin John Perrin, on August 12, 2025. This change follows a previous notice dated December 18, 2023, reflecting ongoing adjustments in the company’s shareholder structure.

Option Terms and Conditions

Nagambie Resources Ltd has provided details regarding the terms and conditions of options, as part of its regular corporate governance practices. This announcement ensures transparency and clarity for investors regarding the company’s option schemes.

Cleansing Notice

In compliance with regulatory requirements, the company issued a cleansing notice pursuant to section 708A(5) of the Corporations Act. This notice is a standard procedure to ensure that all relevant information is up-to-date and publicly available.

These announcements reflect Nagambie Resources Ltd’s proactive approach to managing its financial and operational strategies, aiming to enhance shareholder value and support its exploration initiatives.