PC Gold raises $75M for Spring Hill; Pengana Capital announces share buy-back

PC Gold Spring Hill Project Pengana Capital Group share buy-back institutional placement

PC Gold is conducting a $75 million institutional placement to fund its Spring Hill Project in Australia's Northern Territory. The company will issue 71.4 million shares at $1.05 per share. Incoming Non-Executive Chairman Richard Clark and associates have committed $2 million to the placement. The funds are intended for extensive drilling programs, infrastructure refurbishment, and the completion of Prefeasibility and Definitive Feasibility Studies.

Separately, Pengana Capital Group has announced an on-market share buy-back program. The initiative aims to repurchase up to 9,783,561 ordinary fully paid securities, representing approximately 10% of the company's total shares outstanding. The buy-back is scheduled to begin on September 14, 2026, and is expected to conclude on September 14, 2027. Taylor Collison will act as the broker for the transactions.

Entities

PC Gold · Pengana Capital Group · Richard Clark · Spring Hill Project · Taylor Collison

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The company will issue 71.4 million shares at an offer price of $1.05 per share. mining.com.au
[○ 1 SOURCE] Richard Clark and associates have committed to invest $2 million into this placement. mining.com.au
[● 2 SOURCES] Pengana Capital Group Limited has announced an on-market share buy-back of its ordinary fully paid shares. www.finnewsnetwork.com.au · www.sharecafe.com.au
[● 2 SOURCES] The buy-back program is scheduled to run from September 14, 2026, to September 14, 2027. www.finnewsnetwork.com.au · www.sharecafe.com.au
[● 2 SOURCES] The proposed buy-back encompasses a maximum of 9,783,561 ordinary fully paid securities. www.finnewsnetwork.com.au · www.sharecafe.com.au
[○ 1 SOURCE] PC Gold is raising $75 million through a single tranche institutional placement. mining.com.au
[○ 1 SOURCE] Proceeds will be used to fund drilling programs at the Spring Hill Project in the Northern Territory. mining.com.au

Sources

PC Gold boosts funding for Spring Hill with $75 million placement [mining.com.au]

19 days ago

Pengana Capital Group Announces On-Market Share Buy-Back [www.finnewsnetwork.com.au]

18 days ago

Pengana Capital Group Announces On-Market Share Buy-Back [www.sharecafe.com.au]

18 days ago