In an update announcement dated 2/6/2026, Akora Resources Limited has extended the closing date for a proposed issue of securities to 19 June 2026. The company seeks ASX approval for a standard pro rata issue of non-renounceable securities, with details outlined in the comprehensive Appendix 3B provided.

The proposed securities issuance entails the issue of Ordinary Fully Paid shares under existing classes, with an offer price of AUD 0.08000 per security for retail investors. The maximum number of securities proposed to be issued is 21,534,416, with oversubscription limits in place and potential scale-back arrangements at the discretion of directors.

Investors are encouraged to review the detailed timetable for key dates related to the offer, with trading in new securities commencing on a deferred settlement basis from 22/6/2026. The company states the purpose of the raised capital includes essential mine development activities, project financing, community engagement, and general working capital needs.

More information, including downloads and updates, can be found on the investor hub section of Akora Resources' website. Please feel free to reach out for any questions or clarifications on this proposed securities issue.