Iltani Resources Receives $8 million Strategic Investment to Advance Orient Project
Iltani Resources Limited (ASX: ILT) announced a price-sensitive investment from the QIC Critical Minerals and Battery Tech Fund, comprising a total of $8 million to support development of its Orient Silver-Indium Project in northern Queensland. The funding package includes $6 million in non-dilutive, royalty-linked capital and $2 million in equity, strengthening the company’s financial position without immediate dilution for existing shareholders. The Orient Project hosts Australia’s largest known silver-indium deposit, and this strategic investment aligns with regional efforts to build critical mineral supply chains. The investment agreement is subject to due diligence and shareholder approval. This price-sensitive announcement is material as the capital injection enhances project advancement prospects and provides additional runway for exploration and development activities at Herberton. For investors, the update improves clarity on funding sources and reduces near-term financing risk for key project initiatives, while positioning ILT to accelerate its high-priority critical minerals strategy.
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
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Iltani Resources Receives $8 million Strategic Investment to Advance Orient Project
Iltani Resources Limited (ASX: ILT) announced a price-sensitive investment from the QIC Critical Minerals and Battery Tech Fund, comprising a total of $8 million to support development of its Orient Silver-Indium Project in northern Queensland. The funding package includes $6 million in non-dilutive, royalty-linked capital and $2 million in equity, strengthening the company’s financial position without immediate dilution for existing shareholders. The Orient Project hosts Australia’s largest known silver-indium deposit, and this strategic investment aligns with regional efforts to build critical mineral supply chains. The investment agreement is subject to due diligence and shareholder approval. This price-sensitive announcement is material as the capital injection enhances project advancement prospects and provides additional runway for exploration and development activities at Herberton. For investors, the update improves clarity on funding sources and reduces near-term financing risk for key project initiatives, while positioning ILT to accelerate its high-priority critical minerals strategy.
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