Each one in plain English, with the numbers worked through for a shareholder.
27 May 2026capital raising announcement▲ GoodMajor
The $22M Kinterra placement is completed: 62,822,481 shares issued at 35.08c, making Kinterra about 19.99% of Maronan. Proceeds go to the expanded 2026 drilling, PFS workstreams and working capital. This completes the deal announced on 20 May.
What it means for a shareholder
62.8m new shares at A$0.3508 to raise about A$22.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
20 May 2026capital raising announcement▲ GoodMajor
Binding agreement for Kinterra Capital's fund to subscribe about $22M at 35.08c per share (62,822,481 shares), giving it 19.99%. Pro-forma cash is about $36.6M from $14.6M at 31 March. Kinterra may nominate one director or observer; 6-month standstill applies. Funds the expanded drilling and PFS.
3 Nov 2025capital raising announcement● NeutralMajor
The Share Purchase Plan closed having raised only $1.568M (4,479,948 shares at $0.35), against a target of up to $3M. With the $16.0M placement, total raised is about $17.6M before costs, to fund feasibility, drilling and early works.
What it means for a shareholder
4.5m new shares at A$0.350 to raise about A$1.6m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Offer booklet for the Share Purchase Plan: eligible shareholders can buy $2,000 to $30,000 of shares at $0.35, the same price as the $16.0M placement, targeting a maximum $3M. Follows the 8 October raising; no new information.
8 Oct 2025capital raising announcement● NeutralMajor
Maronan raises about $16M via a placement of 45,714,286 shares at $0.35, an 18.6% discount to the last close, plus a Share Purchase Plan of up to $3M at the same price. Funds feasibility, drilling and early works pending MDL approval, following the PEA.
What it means for a shareholder
45.7m new shares at A$0.350 to raise about A$16.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
13 June 2024capital raising announcement▲ GoodMajor
SPP drew $3.368m of applications versus the $1.5m target, and MMA accepted all eligible applications. 14,033,260 shares at $0.24 will be issued 14 June. With the $5.65m placement, the raising totals about $9m.
What it means for a shareholder
14.0m new shares at A$0.240 to raise about A$3.4m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
SPP offer opens to eligible shareholders at $0.24 a share, up to $30,000 each (minimum $2,000), targeting $1.5m with scale-back or oversubscriptions possible. The $5.65m placement shares were issued 23 May 2024, so the raising has completed its first stage.
16 May 2024capital raising announcement● NeutralMajor
Placement raises $5.65m at $0.24 a share (20% below last trade) via 23,545,168 new shares, led by Veritas. A Share Purchase Plan targets up to $1.5m at the same price. Funds go to the scoping study, Starter Zone drilling and environmental work; the first raise since the 2022 IPO.
What it means for a shareholder
23.5m new shares at about A$0.240 to raise about A$5.7m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Prospectus for 60,000,000 shares at $0.20 to raise $12,000,000, with up to 15,000,000 more in oversubscriptions ($3,000,000), plus one free option per three shares. Includes a priority offer to Red Metal shareholders and 25,000,000 bonus options. Detail of the raising already announced.
