Sandfire Entitlement Offer
Sandfire Entitlement Offer
Sandfire is pleased to announce the launch of a fully underwritten 1 for 8.8 accelerated non-renounceable entitlement offer to raise A$200 million (before costs). The Entitlement Offer comprises an accelerated institutional component and a retail component.
Sandfire has successfully transitioned itself into a significant, diversified, globally relevant multi-asset copper miner, delivering growth and sustainable copper production from its portfolio of international assets. The Entitlement Offer will ensure Sandfire is well positioned to execute its growth strategy and has the balance sheet strength and flexibility to continue to pursue its growth objectives across its portfolio. In addition to enhancing financial flexibility, the Entitlement Offer will provide additional working capital at Sandfire’s existing operations, where the Company is focused on continued operating results at MATSA and delivering the Motheo Copper Mine in Botswana, scheduled to begin production in the June FY 2023 Quarter.
ASX Announcements
A global miner poised for a new era of growth
To view this page, please complete the following information
The country of my primary residence is:
Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within these countries.
By proceeding you represent that:
- you are a resident of Australia accessing this website from within Australia; and
- you are not acting for the account or benefit of a person in the United States and will not distribute a copy of the documents accessed through this page to any person in the United States.
In order to access this website from Australia, you must provide the State and postcode for your primary residential address in Australia.
The State of my primary residence in Australia is:
The postcode for my primary residence in Australia is:
I agree to the above terms:
Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within these countries.
By proceeding you represent that:
- you are a resident of New Zealand accessing this website from within New Zealand; and
- you are not acting for the account or benefit of a person in the United States and will not distribute a copy of the documents accessed through this page to any person in the United States.
In order to access this website from New Zealand, you must provide your telephone area code:
I agree to the above terms