Georgina Energy raises £1 million to advance Hussar and Mt Winter

Georgina Energy (GEX ) has raised £1 million via a placement of 20,000,000 shares at 5 pence per share.

The placement was undertaken by Clear Capital.

Application has been made for the placing shares to be admitted to trading on the London Stock Exchange at 8.00 a.m. on 3 September 2025.

The net proceeds will be used to progress work programmes at Hussar and Mt Winter projects in Australia and for general working capital purposes.

Clear Capital will receive 1,200,000 Broker Warrants, exercisable at 5 pence, valid for three years from admission.

“This fundraise strengthens our balance sheet and ensures we have the resources to progress key workstreams at Hussar and Mt Winter,” said Georgina Energy’s Chief Executive Anthony Hamilton.

“With significant preparatory work already underway, drilling approval for Hussar expected, and the ALRA agreement for Mt Winter advancing, we are well positioned to deliver value for our shareholders.”

View from Vox: 

The raise funds near-term activity at Hussar and Mt Winter, with permitting milestones the next catalysts.