RECEIPT OF PLACEMENT PROCEEDS AND DEBT REPAYMENT
Released
Released
Announcement PDF
Aeris Resources Limited ABN 30 147 131 977
Level 6, 120 Edward Street, Brisbane QLD 4000 Australia
E: info@aerisresources.com.au T: +61 7 3034 6200
aerisresources.com.au
ABN 30 147 131 977
ABN 30 147 131 | Page1 977
6 November 2025 ASX/MEDIA RELEASE
RECEIPT OF PLACEMENT PROCEEDS AND DEBT REPAYMENT
Aeris Resources Limited (ASX: AIS) (Aeris or the Company) is pleased to advise that
it has received the net proceeds from the $80 million placement announced on 31
October 2025.
A portion of the proceeds has been applied to fully repay the and cancel the $50
million (drawn to $40 million) loan facility with Washington H. Soul Pattison (WHSP).
The early repayment is expected to save an estimated $6 million in interest and
associated fees.
The Company is now in a significantly improved financial position, with pro-forma
cash of $62.3 million1 and a materially deleveraged balance sheet following the
debt repayment.
Proceeds of $11.5 million expected in December from the sale of the North
Queensland assets as announced on 27 October 2025 will further improve the cash
position.
Executive Chairman Andre Labuschagne said, “this is the best position Aeris has
been in many years with a strong balance sheet, clear strategy for operational
delivery and growth through exploration in FY26”.
This announcement is authorised for lodgement by:
Andre Labuschagne
Executive Chairman
For further information, please contact:
Andre Labuschagne Stefan Edelman
Executive Chairman General Manager – Corporate Development
Tel: +61 7 3034 6200 investorrelations@aerisresources.com.au
or visit our website at www.aerisresources.com.au
1 Refer to pro-forma calculation in “Aeris Equity Raise Presentation”, released 31 October 2025
2 | P a g e
About Aeris
Aeris Resources is a mid-tier base and precious metals producer. Its copper dominant portfolio
comprises two operating assets, multiple development projects and a highly prospective exploration
portfolio. Aeris has a strong pipeline of organic growth projects, an aggressive exploration program
and continues to investigate strategic merger and acquisition opportunities. The Company’s
experienced board and management team bring significant corporate and technical expertise to
a lean operating model. Aeris is committed to building strong partnerships with its key community,
investment and workforce stakeholders.
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