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Marquee Resources Limited (ASX:MQR) has initiated a pro-rata non-renounceable entitlement offer aiming to raise up to approximately $1,022,146.50 before costs. Eligible shareholders are invited to subscribe for new shares priced at $0.005 each. The offer, set on a 1-for-5 basis, commenced on 16 July 2026 and will close at 5:00pm Western Standard Time on 27 July 2026. This capital raising follows the lodgement of a Rights Issue Prospectus with ASIC and ASX on 7 July 2026. New shares are anticipated to be issued and start trading in early August 2026. Shareholders recorded on 13 July 2026 are eligible to participate, making this a time-sensitive opportunity for existing investors.
Key Points
- Marquee Resources Limited (ASX:MQR) is conducting a pro-rata non-renounceable entitlement offer
- Eligible shareholders can subscribe for 1 new share for every 5 shares held at the record date, at $0.005 per share
- The offer targets raising up to approximately $1,022,146.50 before costs, closing on 27 July 2026 at 5:00pm WST
- Offer results and issuance of new shares and options expected around 3 August 2026
Marquee Resources Launches $1.02 Million Entitlement Offer at $0.005 Per Share
Marquee Resources Limited has officially notified eligible shareholders of its pro-rata non-renounceable entitlement offer to raise up to approximately $1,022,146.50 before costs. The offer price is set at $0.005 per new share, with shareholders entitled to subscribe for one new share for every five existing shares held as of the record date, 13 July 2026. The non-renounceable structure means entitlements cannot be sold or transferred—shareholders must either exercise their rights or let them lapse.
The offer was initially announced on 23 June 2026 alongside an Appendix 3B lodged with ASX. The Rights Issue Prospectus was lodged with ASIC and ASX on 7 July 2026. Prospectus and personalised entitlement and acceptance forms were distributed electronically to eligible shareholders on 16 July 2026, which also marked the offer opening date. No hard copies of the Rights Issue Prospectus or acceptance forms will be mailed; all documentation is accessible via the share registry platform managed by Automic.
Accessing and Submitting Entitlement and Acceptance Forms
Eligible shareholders can access their personalised Entitlement and Acceptance Forms through Automic's online Investor Portal at https://portal.automic.com.au/investor/home. Shareholders must use their Securityholder Reference Number (SRN) or Holder Identification Number (HIN) from their latest Holding Statement along with their postcode to log in. Marquee Resources has outlined three options depending on whether shareholders have an existing Automic online account, wish to register, or prefer to use the platform solely for this offer.
Shareholders unable to access the portal online can contact Automic by phone at 1300 288 664 (Australia) or +61 2 9698 5414 (international) between 8:30am and 7:00pm Sydney time, Monday to Friday. They may also email [email protected] to request free paper copies of documents. All payments must be made via BPay or Electronic Funds Transfer (EFT), with international shareholders directed to payment instructions on their personalised acceptance forms.
Important Dates and Timeline for the Entitlement Offer and Share Issuance
The entitlement offer follows a defined timeline that shareholders should note. The ex-date was 10 July 2026, with the record date at 5:00pm AWST on 13 July 2026 to determine eligible participants. The offer opened on 16 July 2026, coinciding with the dispatch of prospectus and acceptance forms.
The offer closes at 5:00pm WST on 27 July 2026, although the board may extend this deadline by notifying ASX at least three business days prior, with 22 July 2026 being the last possible extension day. New shares will be quoted on a deferred settlement basis from 28 July 2026. Offer results, issuance of new shares and options, and lodgement of Appendix 2A and Appendix 3G documents are expected on or around 3 August 2026. All dates except the prospectus lodgement are indicative and may change.
Non-Renounceable Offer Means No Transfer or Sale of Entitlements
This entitlement offer’s non-renounceable nature means shareholders cannot sell or transfer their rights. Shareholders must either subscribe for their full entitlement or allow it to lapse without compensation. Those who do not participate will face dilution of their ownership percentage as new shares are issued to participating shareholders.
Shareholders are advised to carefully review the full Rights Issue Prospectus before deciding, as it details the risks and intended use of funds. The company has not disclosed specific use of proceeds in this notice.
Issuance of New Shares and Options Expected Post-Offer
The entitlement offer includes issuance of both new shares and new options to participating shareholders. Following the offer’s close on 27 July 2026, Marquee Resources expects to announce results and issue securities on or around 3 August 2026, accompanied by the lodgement of Appendix 2A for new shares and Appendix 3G for new options.
While new options provide additional incentives, their specific terms—including exercise price, expiry, and vesting conditions—are not detailed here. Shareholders should consult the full Rights Issue Prospectus lodged on 7 July 2026, available on the ASX and Marquee Resources websites.
Encouragement for Electronic Communication Enrollment
Alongside the offer, Marquee Resources encourages shareholders receiving notices by mail to update their preferences and opt for electronic communications. Shareholders who have not provided an email or elected electronic delivery will continue receiving documents by mail. The company’s digital-first approach means no automatic dispatch of hard copies unless requested via Automic’s portal or contact channels.
This shift to electronic communication aligns with the company’s broader strategy and may apply to future corporate actions and announcements. Shareholders can update preferences at https://investor.automic.com.au or via the provided QR code.
Insights into Marquee Resources’ Capital Position from the Entitlement Offer
The $1,022,146.50 target raise, combined with the 1-for-5 subscription ratio and $0.005 price, indicates the company’s current capital needs and shareholder base size, although exact share counts were not disclosed. Marquee Resources is an ASX-listed resources company, and this small-scale, sub-cent entitlement offer is typical for early-stage or exploration-focused firms funding ongoing operations or projects.
Further details on projects, assets, and fund usage are available in the Rights Issue Prospectus on the company’s website www.marqueeresources.com.au. The immediate share price impact remains unclear. The shareholder notice was signed by company secretary Anna MacKintosh on behalf of the board. Investors should review the full prospectus to understand financial position and risks before investing.
Risk Factors for Participation in the Marquee Resources Entitlement Offer
As with any small-cap capital raising, shareholders should carefully assess company-specific and offer-specific risks before participating. The non-renounceable nature means no compensation for lapsed entitlements and potential dilution for non-participating shareholders. The firm closing date is 5:00pm WST on 27 July 2026, unless extended by the board.
The offer’s proceeds and their application are not detailed here; shareholders must consult the full prospectus. The $0.005 issue price reflects a speculative, early-stage investment risk. Market conditions, liquidity of MQR shares, and the resources sector environment could affect outcomes post-issuance. All indicative dates may change, adding timing uncertainty. Shareholders are strongly encouraged to read the Rights Issue Prospectus thoroughly and seek independent financial advice prior to making investment decisions.
