BPM Minerals Ltd– AU$3.5 million Placement to Accelerate Forelands Exploration
BPM Minerals Ltd (ASX: BPM) has secured firm commitments to raise AU$3.5 million through a placement of approximately 23.3 million new shares at AU$0.15 each, attracting strong support from professional, sophisticated and institutional investors. The issue price represents a 7.6% premium to the 30-day VWAP, signalling strong market confidence in BPM’s exploration strategy. Funds will primarily accelerate RC and aircore drilling at the high-grade Forelands Gold Project in Western Australia, where a 3,000 m RC program at the Beachcomber prospect is set to begin shortly following encouraging historical results.
Additional proceeds will support geochemical surveys across several high-priority targets and general working capital. CEO Oliver Judd described the placement as a significant milestone that positions BPM to rapidly unlock the district-scale potential of its ~630 km² landholding along the Yilgarn Craton–Albany Fraser Orogen margin. Settlement is expected on 3 December 2025, with allotment on 4 December, as the Company prepares to commence its maiden drilling campaign.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au.au
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BPM Minerals Ltd– AU$3.5 million Placement to Accelerate Forelands Exploration
BPM Minerals Ltd (ASX: BPM) has secured firm commitments to raise AU$3.5 million through a placement of approximately 23.3 million new shares at AU$0.15 each, attracting strong support from professional, sophisticated and institutional investors. The issue price represents a 7.6% premium to the 30-day VWAP, signalling strong market confidence in BPM’s exploration strategy. Funds will primarily accelerate RC and aircore drilling at the high-grade Forelands Gold Project in Western Australia, where a 3,000 m RC program at the Beachcomber prospect is set to begin shortly following encouraging historical results.
Additional proceeds will support geochemical surveys across several high-priority targets and general working capital. CEO Oliver Judd described the placement as a significant milestone that positions BPM to rapidly unlock the district-scale potential of its ~630 km² landholding along the Yilgarn Craton–Albany Fraser Orogen margin. Settlement is expected on 3 December 2025, with allotment on 4 December, as the Company prepares to commence its maiden drilling campaign.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au.au