APAC RESOURCES (01104): APAC RESOURCES plans to subscribe for 326.41 million Australian dollars to subscribe for 544 million shares of Tanami Gold.

date
08:28 08/05/2026
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GMT Eight
APAC Resources (01104) has announced that Tanami Gold has contacted the company regarding the issuance of new shares, asking if the group will subscribe to their share quota.
APAC RESOURCES (01104) announced that Tanami Gold had contacted the company regarding a rights issue and inquired whether the group would subscribe to its rights quota. On May 7, 2026, APAC RESOURCES Mining signed a confirmation letter agreeing to subscribe to its rights quota according to Tanami's rights issue, that is 544 million Tanami Gold shares (equivalent to approximately 46.30% of Tanami Gold's enlarged issued share capital after the rights issue), with a total amount of approximately 32.64 million Australian dollars (excluding transaction costs), equivalent to approximately 0.06 Australian dollars per share of Tanami Gold. After the completion of the subscription, the group will hold 1.088 billion Tanami Gold shares, equivalent to approximately 46.30% of Tanami Gold's enlarged issued share capital after the rights issue.