Alice Queen (ASX:AQX) has raised funds via an institutional placement
Alice Queen Limited (ASX:AQX) has completed a fundraising. The funds will be used to complete the Horn Island Scoping Study, accelerate exploration activities at Horn Island and support working capital. The placement was significantly oversubscribed and strongly supported by a major shareholder, as well as several existing shareholders and new institutional and sophisticated investors.
Alice Queen is an Australian minerals exploration company with an exciting portfolio of gold and copper–gold projects located in the Northern Molong Volcanic Belt in New South Wales, Horn Island in the Torres Strait, and Fiji.
Oaklins’ team in Australia acted as lead manager to the placement.
![](/api/deal-hero-image/107403/deal-hero-image.jpg)
![](/api/deal-party-images/107403/deal-parties.png)
Talk to the deal team
Related deals
Winking Studios Limited completes a secondary fundraising of US$20 million
Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.
Learn moreFRP Advisory Group plc has finalized a successful secondary placing
FRP Advisory Group plc has completed a fundraising. The book was oversubscribed and approximately £20.4 million (US$33 million) of shares were sold by certain directors and partners of FRP to new and existing institutional investors at 128 pence per ordinary share.
Learn moreSurface Transforms Plc has completed an equity fundraise
Surface Transforms Plc has completed a fundraising. The funds will support the company’s working capital needs and expand its manufacturing capacity, further strengthening its position in the market.
Learn more