Australian Pacific Coal’s Strategic Capital Raise

Australian Pacific Coal Limited (AU:AQC) has released an update.

Australian Pacific Coal Limited has announced a capital raise through a placement to institutional investors and a non-renounceable entitlement offer, aiming to generate approximately A$20 million. The funds will be allocated to cover a subordinated debt facility, general working capital, and associated fees. Unfortunately, retail shareholders outside Australia and New Zealand are ineligible to participate in this offer due to regulatory and cost constraints.

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