Alligator bites in Samphire with funding
Alligator Energy (ASX:AGE) has received commitments to raise $17.25 million to extend its work programs across 2025-26 for the Samphire Uranium Project in parallel with the group’s Samphire Field Recovery Trial (FRT).
The company will issue 556 million shares at $0.031 per share offering one option per every two shares issued exercisable at a price of $0.047. Subject to shareholder approval, this rate represents around a 50% premium to the placement issue price.
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