Santana Minerals Lifts SPP Offer Size to $30 Million After ASX Waiver

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2026.02.22 21:18
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Santana Minerals Ltd. has increased its securities purchase plan offer size to $30 million following an ASX waiver, allowing for more flexibility in capital raising. This adjustment may enhance the company's funding capacity and balance sheet ahead of future exploration or development. The latest analyst rating for Santana Minerals (AU:SMI) is a Hold with a price target of A$0.94. The company focuses on mineral exploration and development and is traded on the ASX under the ticker SMI, with a current market cap of A$736.3M.