Ballard Mining LimitedASX: BM1

Placement to continue growth drilling & early works capital

· Issued by Ballard Mining Limited via ASX

Filed with ASX · · 6 pages · English and French

Summary by 6ix AI

Ballard Mining Limited has announced a successful placement to raise funds for its Mt Ida Gold Project, securing commitments for a significant amount from institutional investors. The funds will be used for resource growth, infill drilling, and development works, including constructing an accommodation village. Additionally, the company plans to offer a share purchase plan to existing shareholders to raise further capital.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/placement-to-continue-growth-drilling-and-early-works-capital

Release

P: +61 8 6466 7500 E: [email protected] A: Level 2, 18 Richardson Street, West Perth WA 6005 ASX: BM1 ballardmining.com.au ASX Announcement – 12 October 2026 SUCCESSFUL $45.0M PLACEMENT Continue to grow scale and con?dence in the +1.84Moz Mt Ida Gold Project alongside low-risk...

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