Invest in Our Next Growth Chapter
Blackstone Minerals Limited (ASX: BSX) invites eligible shareholders to participate in our Share Purchase Plan (SPP), offering an opportunity to invest in our expanded exploration and development initiatives, particularly at the Mankayan Copper-Gold Project in the Philippines.
Key Offer Details:
- Issue Price: 0.078
- Target Raise: $2,000,000
- Maximum Investment: $30,000
- Offer Opens: 9 July 2025
- Offer Closes: 23 July 2025
- Allotment Date: 30 July 2025
- Shares Issued: 30 July 2025
Use of Funds
Proceeds from the SPP will be allocated to:
- A 50,000-meter diamond drilling program at the Mankayan Copper-Gold Project
- Geophysical surveys, including IP and magnetics
- Metallurgical and geotechnical studies
- General working capital
This initiative follows our recent A$22.6 million placement, which was oversubscribed and supported by prominent institutional investors, including a A$5 million cornerstone investment from Macquarie Bank.
Strategic Growth: Mankayan Copper-Gold Project
The Mankayan Project, located in the mineral-rich northern Philippines, is one of the largest undeveloped high-grade copper-gold porphyry systems globally. Our merger with IDM International Limited has positioned Blackstone to advance this world-class asset, with significant exploration upside and resource growth potential.
Why Participate?
- Discounted Entry: Invest at a price below recent trading levels.
- Strategic Expansion: Support the development of a globally significant copper-gold project.
- Institutional Confidence: Join a capital raise backed by leading investment managers.
- Shareholder Value: Contribute to initiatives aimed at enhancing long-term shareholder returns.
How to Apply?
Eligible shareholders can apply online by clicking the button below and following the instructions
For further information about how to participate in the Offer, please contact Automic.
Email: corporate.actions@automicgroup.com.au
Phone: 1300 288 664 (within Australia), or +61 2 9698 5414 (international) between 8:30 am and 7:00pm (Sydney time) Monday to Friday.
Important Information
Need Assistance?
For further information, please contact:
Investor Relations: Tessa Kutscher
Email: tessa@blackstoneminerals.com.au
Share Registry: Automic Group
Email: corporate.actions@automicgroup.com.au
Phone: 1300 288 664 (within Australia), or +61 2 9698 5414 (international) between 8:30 am and 7:00pm (Sydney time) Monday to Friday.
Note: This webpage is for informational purposes only and does not constitute financial advice. Shareholders should consult their financial advisor before making investment decisions.
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