Santana Minerals announces A$63 million capital raise

(Image: Getty)

Mon, 11 Aug 2025

Dual-listed Australian gold miner Santana Minerals has announced an A$63 million ($69m) capital raise, including a fully underwritten placement for gross proceeds of A$60 million.The placement includes 103.4 million new fully paid ordinary shares at A$0.58 per share.It is a 7.9% discount to the previous ASX closing price. Trading was halted last Thursday ahead of the announcement. It resumed today.Canaccord Genuity was the sole lead manager, underwriter and bookrunner for the placement and will be paid a total management fee of 1% and a placeme...

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