RTG Mining Successfully Completes A$15.3 Million Placement

RTG Mining Inc. announced the completion of its Chess Depository Instruments issuance, raising approximately A$15.3 million. The company issued 613,755,996 securities at A$0.025 each to institutional and sophisticated investors, as part of Tranche 2 of its placement strategy initiated on March 31, 2025.

The issuance gained approval from shareholders during the annual meeting held on May 23, 2025. Foster Stockbroking Pty Ltd managed the placement process. The securities issuance, governed by local exemptions, awaits TSX approval, with the company relying on certain regulatory exemptions for its execution.

RTG Mining, listed on the Toronto and Australian Exchanges, focuses on advancing projects like Mabilo and has interests in new ventures, including the Panguna Project in Bougainville. This financial move positions RTG for further expansion and exploration activities.