Results of Renounceable Rights Issue
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Results of Renounceable Rights Issue
VRX Silica Limited (ASX: VRX) is pleased to announce the successful closure of the Renounceable Rights Issue, raising $2,860,784 before costs. This capital will allow us to progress key projects, including the Arrowsmith North silica sand project, Arramall farm purchase, Muchea silica sand project, and working capital needs. The issuance includes 71,519,608 new fully paid ordinary shares and 35,759,852 options exercisable at $0.10 each until 30 June 2028. We appreciate the support from existing shareholders and welcome new investors to join us on our journey. The Company is set to issue the new shares and options on 26 June 2026 and intends to seek ASX quotation for the options. For further details or queries, please refer to the contacts provided. Your interest and participation are integral to our growth and success.
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