Minbos Resources (ASX:MNB) has issued 174.26 million fully paid ordinary shares under tranche one of its placement on 24 July 2026.
The shares were issued at $0.015 per share, raising approximately $2.6 million before costs.
The company expects to issue free attaching options under tranche one, alongside the shares and free attaching options under tranche two, subject to shareholder approval at an upcoming general meeting.
Minbos issued the tranche two shares without disclosure to investors under part 6D.2 of the Corporations Act. As of today (27 July), the company confirms it complies with chapter 2M and sections 674 and 674(A) of the Corporations Act, with no excluded information.
An appendix 2A reflecting the issue of the tranche one shares will follow this announcement.
Minbos Resources is a mineral explorer and developer focused on building an integrated nutrient supply chain in Angola and in the broader Congo basin.
Write to Paula Fabe at Mining.com.au
Images: Minbos Resources
