WA1 Resources Ltd (WA1) – $100m Institutional Placement

Overview
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WA1 Resources Ltd (ASX:WA1) raises A$100 million to advance its Luni Niobium Project
Role
Joint Lead Manager & Joint Bookrunner
Date
August 2025
Value
$100,000,000
Category
Equity Capital Markets
Deal type
Institutional Placement

Argonaut is proud to have acted as Joint Lead Manager and Joint Bookrunner to the A$100 million institutional placement, which received strong support from new and existing institutional investors across the Americas and Australia.

The funds raised will be applied toward pre-development and permitting activities at Luni, as well as planned capital expenditure relating to supporting infrastructure.

Congratulations to Managing Director, Paul Savich, and the entire WA1 team on this milestone. Argonaut’s Corporate Finance team was led by Edward Rigg, Kaiden Gilbert, and Max Carter-Mazak, with ECM syndication directed by Digby Gilmour.

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