Toubani Resources Limited Registered ShsASX: TRE

Toubani Successfully Completes Institutional Offer Bookbuild

· Issued by Toubani Resources Limited Registered Shs

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Toubani Resources Limited has successfully completed its institutional entitlement offer, raising significant funds through the issuance of new shares. The offer received strong support from existing and new institutional shareholders, with settlement scheduled shortly after the announcement. The funds raised will support the development of the Kobada Gold Mine and other corporate activities. A retail entitlement offer is also planned to further raise additional funds from eligible shareholders.

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