Business
Update on Fundraise
Ajax Resources PLC has announced an update on its equity fundraising, increasing the target to £1,200,000 with commitments for approximately 90% of this amount, including participation from the Board and existing shareholders. The new ordinary shares will be priced at 5.5 pence each, representing a 22% premium to the Company's last fundraising round. This increased fundraising is in addition to the US$400,000 equivalent that Appian Capital Advisory Limited will contribute upon completion of the Pereira Velho Gold Project acquisition. Disclaimer*
About this update from Ajax Resources Plc
[{"type":"text","content":"\n\n12 December 2025\nAJAX RESOURCES PLC\n \n(\"Ajax\" or the \"Company\")\n \nUpdate on Fundraise\nAjax [AQSE: AJAX], the natural resources investment company, announces an update on the proposed equity fundraising announced on 11 December 2025.\nThe Company confirms that the new Ajax ordinary shares of 1 pence each (\"Ordinary Shares\") that will be issued under the fundraising will be priced at 5.5 pence per Ordinary Share, a 22% premium to the Company's last fundraising round which closed on 28 July 2025. \nDue to investor interest, the proposed fundraising has been increased to £1,200,000 and is expected to close at 19:00 GMT tonight. The Company has now received commitments for approximately 90% of this increased fundraising amount, which includes participation from the Board of Directors as well as existing significant shareholders. \nThe increased proposed fundraising of £1,200,000 will be in addition to the US$400,000 GBP equivalent that Appian Capital Advisory Limited will participate on completion of the acquisition of the Pereira Velho Gold Project (see the regulatory news announcement of 11 December 2025).\n \n- ENDS -\n \n \n \n \nFor further information: \n \n\n\n\n\nAjax Resources Plc\nIppolito Cattaneo, Chief Executive Officer\n\n\nTel: + 44 (0) 208 146 6345\[email protected]\n\n\n\n\nAllenby Capital Limited (AQSE Corporate Adviser)\nNick Harriss / Nick Athanas\n\n\nTel: + 44 (0) 203 328 5656\[email protected]\[email protected]\n\n\n\n\n \nAbout Ajax Resources Plc\nAjax Resources Plc is a UK natural resources investment company listed on the Aquis Stock Exchange (AQSE: AJAX). The Company was previously listed on the FCA Official List of the Main Market of the London Stock Exchange as a Special Purpose Acquisition Company (SPAC) before transitioning to its current strategy as an operational natural resources investment vehicle.\nAjax is focused on identifying, acquiring and advancing assets containing copper, gold, silver, zinc, uranium and lead - commodities supported by strong long-term demand fundamentals. The Company's strategy centres on the acquisition and development of assets with historical production, significant untapped or latent potential, and substantial exploration upside, typica...