Rokeby Resources Limited (ASX:RKB) has invited eligible shareholders to participate in a Share Purchase Plan seeking to raise approximately $1.7 million, at the same issue price of $0.002 per share applied in a recently completed $1,271,000 placement to sophisticated, institutional and professional investors.

Key Points

  • Share Purchase Plan targets approximately $1.7 million, with eligible shareholders able to invest between $2,000 and $30,000 per holder at $0.002 per share
  • The issue price represents a 9.09% discount to the five-day VWAP of $0.0022 prior to the Plan announcement on 2 November 2026
  • Eligible shareholders will receive one free attaching unlisted option for every two shares subscribed for, exercisable at $0.0065 on or before 30 November 2028, subject to shareholder approval
  • The Plan closes at 5:00pm (AWST) on Monday, 30 November 2026, with the maximum number of shares to be issued capped at 893,019,023

Share Purchase Plan Terms and Offer Structure

Under the Plan, eligible shareholders registered as holders of shares at 5:00pm (AWST) on 30 October 2026 with a registered address in Australia or New Zealand may purchase shares at $0.002 each, with no brokerage or transaction costs. Seven fixed investment tiers are available, ranging from Offer G at $2,000 for 1,000,000 shares up to Offer A at $30,000 for 15,000,000 shares. The Plan is not underwritten. The Company reserves the right to accept oversubscriptions, close the offer early, or scale back applications, with scale back decisions made by the Board being final. The maximum amount that may be raised under a scale back is $1,786,038.

Preceding Placement and Lead Manager Arrangements

On 12 November 2026, Rokeby Resources completed a placement issuing 635,500,000 fully paid ordinary shares at $0.002 per share, raising $1,271,000 before costs, utilising the Company's placement capacities under ASX Listing Rules 7.1 and 7.1A. SP Corporate Advisory Pty Ltd has been engaged as lead manager to both the Placement and the Plan. The Company will pay SPCA a capital raising fee of 6% of funds raised under the Placement and 6% of any shortfall placed under the Plan, a corporate advisory fee of $3,000 per month for an initial three-month period reviewed quarterly, and 100,000,000 unlisted options exercisable at $0.0065 expiring 30 November 2028, subject to shareholder approval.

Use of Funds and Prospectus Timeline

Funds raised under the Placement and the Plan are to be used primarily to fund the Company's resource estimation, access for the Company's next drilling program, and short-term working capital, according to the filing. A transaction-specific prospectus under section 713 of the Corporations Act 2001 covering the SPP Options is expected to be lodged with ASIC and ASX on or about 18 December 2026. The issue of SPP Options to directors who participate in the Plan will be subject to shareholder approval under ASX Listing Rule 10.11. Once an application has been made, it cannot be revoked.