Investor Centre

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.

A global miner poised for a new era of growth

About Sandfire

Sandfire Resources is one of the largest copper-focused companies on the Australian Securities Exchange (ASX).

Where We Operate

Our operations extend across Australia, Botswana, Spain and the USA.


Learn about our approach to sustainability, and how it’s embedded across our business.


Keep up to date with the latest news and announcements on our outstanding base of operating assets and strong growth opportunities.


Work With Us

We mine copper sustainably to energise the future.


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