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Aeris Resources Limited (ARSRF) Discusses Equity Raise, Balance Sheet Strength, and Growth Strategy Including New Project Developments Prepared Remarks Transcript

Aeris Resources Limited (ARSRF) Discusses Equity Raise, Balance Sheet Strength, and Growth Strategy Including New Project Developments Prepared Remarks Transcript
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Willie LabuschagneGovt Chairman & CEO

All proper. Good afternoon, everybody, and welcome to the Aeris Sources Investor name. That is simply an all disclaimer. As most of you on the decision would know, so what I am going to do is I am going to take you thru the corporate investor presentation, and we’ll discuss concerning the documentation and the place after the fairness increase and likewise the launch of the SPT as a part of this course of.

In order you may know, we have the two working mines. We have got the Tritton copper mine in New South Wales, at the moment focusing on round 24,000 tonnes of copper steel for FY ’26. After which the Cracow Gold Mine in Queensland, producing round 40,000 ounces of gold. We bought 3 growth tasks.

So on the Jaguar mine, which is a mine which we put into care upkeep about 2 years in the past, is at the moment in care and upkeep, and we’ll discuss in a bit extra element round Jag after which Stockman, a undertaking in Victoria, which we’ll contact on as a part of the presentation. I suppose simply type of summarizing the place. As you most likely know that now we have raised $80 million final week. As of this morning, we’re debt free. So we repaid our $40 million facility with a $50 million drawn to $40 million for Soul Pattison. And as of right this moment, we have $62 million within the financial institution for those who take the closing steadiness as of the primary quarter closing money steadiness.

Washington Soul Pattison coming — has been diluted by means of this course of to 26%. In order that was all a part of that settlement or discussions with Soul Pattison



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