Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)
Lithium
44.03
(0.23%)
Gold
2,663.10
(0.02%)
Copper
4.35
(1.23%)
Oil
71.13
(0.53%)
Bitcoin
65,391.19
(1.02%)
FTSE 100
8,292.70
0.47%
Nikkei 225
39,910.55
(0.34%)
Dow Jones
43,065.22
0.62%
Iron Ore
106.60
(0.92%)
USD/AUD
0.67
(0.25%)
Hang Seng
20,343.33
(3.34%)

Australian Pacific Coal (ASX: $AQC) conducts equity raising for Dartbrook coal project revival

Australian Pacific Coal (AQC) Equity Raising Announcement


Australian Pacific Coal (ASX:AQC) is conducting an equity raising to fund the revival of its Dartbrook coal project. The company has acquired the Dartbrook Underground Mine and is on the verge of commercial production. AQC holds an 80% JV interest in the project and is offering new shares at a price of $0.12 per share. The equity raising will be used to fund the restart of the Dartbrook mine, including the CHPP refurbishment and working capital. The company is also preparing for a MOD8 development extension to 2033. AQC's largest shareholder has committed to subscribe for a significant portion of the equity raising.

Executive Commentary on Equity Raising and Dartbrook Project


The company is excited to announce the equity raising, which will enable us to progress the Dartbrook coal project towards commercial production. We are committed to delivering positive and sustainable outcomes for all stakeholders, prioritizing safety, community, and environmental wellbeing. The acquisition of the Dartbrook Underground Mine presents a significant opportunity for AQC, and we are grateful for the support of our largest shareholder in this endeavor.

Summary of Australian Pacific Coal (AQC) Announcement


Australian Pacific Coal (AQC) is conducting an equity raising to fund the revival of the Dartbrook coal project, with a focus on commercial production and the CHPP refurbishment. The company has outlined key risks associated with its securities, particularly related to the Dartbrook Project, and has entered into an Underwriting Agreement with Canaccord. AQC has emphasized the potential impact of economic factors, insurance arrangements, operational risks and costs, future capital needs, regulatory risk, and government policy on its business and financial performance. The company is preparing for a MOD8 development extension to 2033 and is committed to delivering positive and sustainable outcomes for its stakeholders.

AUSTRALIAN PACIFIC COAL LIMITED
AQC | ASX | Materials
0.120.005(+4.35%)
At close 14/10 (AEDT)
Market cap
$80.5M
Volume
551,346
DY Yield
PE Ratio
52 Week Range
0.054 - 0.235
1YR Return
N / A

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