Key Highlights

  • Aventine Resources Ltd (ASX:ARE) is scheduled to list on the Australian Securities Exchange on Monday, 21 September 2026, at 12:00pm AEST, with the offer having closed on Monday, 22 June 2026.
  • The company is seeking to raise $20,000,000 through an offer of ordinary fully paid shares priced at $0.20 each, with Bell Potter Securities Limited acting as Lead Manager on an offer that is not underwritten.
  • Aventine has agreed to acquire approximately 700 square kilometres of exploration tenure from Greatland Resources (AIM; ASX:GGP), positioned near the Telfer gold mine and the Havieron gold-copper project in Western Australia's Paterson Province.
  • Greatland Resources will take a minimum 10% shareholding in Aventine along with a board position, and will continue to provide exploration, logistics and infrastructure support under the terms of the transaction.

Aventine Resources Ltd is preparing to list on the Australian Securities Exchange on Monday, 21 September 2026, at 12:00pm AEST, entering the market as an emerging gold-copper exploration company with a land position spanning two of Western Australia's most closely watched mineral provinces. The company's principal activities are described as mineral exploration, which proposes to acquire interest in four separate project areas: the Paterson Project, the Paterson South Project, the Panorama Project and the Mt Cecelia Project. The listing arrives as part of a broader wave of resource-sector floats currently working through the ASX admission process.

Capital Raising and Offer Terms

Aventine is offering ordinary fully paid shares at an issue price of $0.20 per share, targeting total proceeds of $20,000,000. The Offer Period closed on Monday, 22 June 2026, well ahead of the September listing date, giving the company an extended runway to finalise its listing documentation and regulatory approvals. The offer has not been underwritten, with Bell Potter Securities Limited engaged as Lead Manager to oversee the Capital raising process. Upon completion of the listing, shares will trade under the security code ARE.

The Paterson Province Land Position

Central to Aventine's exploration thesis is a proposed transaction to acquire approximately 700 square kilometres of underexplored tenure from Greatland Resources, a company dual-listed on the London Stock Exchange's AIM market and the ASX under the code GGP. The tenure package is located in close proximity to Greatland's Telfer gold mine, which the company describes as holding a resource of 3.2 million ounces of gold, and the Havieron gold-copper project, described as holding a resource of 4.1 million ounces of gold. Aventine's management points to this proximity as a source of geological validation for its own tenure, given that the surrounding ground sits within the same mineralised system that has already delivered established discoveries and operating infrastructure.

As part of the arrangement, Aventine will assume Greatland's joint venture positions in two Paterson Province tenements, Budjidowns and Basel, held in Partnership with Rio Tinto on a 51%/49% basis. This assumption of existing joint venture interests gives Aventine an immediate foothold in tenements that already carry an established major-company partner, rather than requiring the company to negotiate new joint venture terms from scratch.

In conclusion, Aventine Resources Ltd (ASX:ARE) approaches its 21 September 2026 ASX listing with a land position that is closely tied to one of Western Australia's more established gold-copper districts, supported by a direct relationship with an existing regional operator in Greatland Resources. The company's $20,000,000 capital raising at $0.20 per share, together with its assumption of joint venture interests alongside Rio Tinto and its proximity to the Telfer and Havieron deposits, forms the basis of its exploration strategy heading into its debut on the exchange.