Barton Gold Offers Shares at $1.25 in SPP Closing November 6
Barton Gold Holdings reminds eligible shareholders that its Share Purchase Plan (SPP) closes on 6 November 2025, offering shares at $1.25 each, the same price as a recent institutional placement. The SPP provides a cost-free opportunity for Australian and New Zealand investors to increase their stake ahead of the company’s next growth phase.
- SPP closes 6 November 2025 at $1.25 per share
- Price matches recent Franklin Templeton-led placement
- Eligible shareholders can apply for up to A$30,000 without brokerage
- SPP shares priced at a 3.8% discount to last traded price pre-placement
- Barton Gold targets 150,000oz gold production with strong resource base
SPP Closing Reminder and Pricing Context
Barton Gold Holdings Limited (ASX, BGD) has issued a timely reminder to eligible shareholders that its Share Purchase Plan (SPP) will close on Thursday, 6 November 2025 at 5, 00pm AEDT. The offer price is set at $1.25 per share, mirroring the price of a recent placement led by Franklin Templeton targeting North American institutional investors. This pricing represents a modest 3.8% discount to Barton’s last traded price before the placement announcement, while still offering a premium to the company’s one-month volume weighted average price.
Opportunity for Retail Shareholders
The SPP is designed to give Barton’s retail shareholders in Australia and New Zealand a chance to increase their holdings without incurring brokerage or transaction fees. Eligible investors can apply for up to A$30,000 worth of shares, a generous cap that encourages meaningful participation. Barton has emphasized that no extensions will be granted beyond the closing date, urging shareholders to act promptly to secure their allocation.
Capital Raising and Strategic Positioning
This SPP follows a successful placement that brought in institutional support, notably from Franklin Templeton, signaling confidence in Barton’s growth prospects. The capital raised will bolster Barton’s development of its portfolio of gold projects in South Australia’s Gawler Craton, including the Challenger, Tarcoola, Tunkillia, and Wudinna projects. Collectively, these assets underpin Barton’s ambition to reach a production target of 150,000 ounces of gold annually, supported by a substantial mineral resource base exceeding 2.2 million ounces of gold and 3.1 million ounces of silver.
Project Highlights and Outlook
Barton’s projects are strategically positioned with fully permitted operations and significant exploration upside. The Challenger Gold Project features a fully permitted mill, while Tarcoola offers a permitted open pit mine. The Tunkillia and Wudinna projects add scale and optionality, with high-grade discoveries and proximity to infrastructure. This strong foundation positions Barton well to advance towards production and capitalize on favorable gold market dynamics.
Next Steps for Investors
Shareholders interested in participating must ensure payment is received before the deadline via BPAY, using their personalised reference number. Barton has provided detailed instructions and support through its website and company contacts. As the SPP closes, market watchers will be keen to see the level of retail uptake and how the additional capital will be deployed to accelerate project development and shareholder value creation.
Bottom Line?
With the SPP closing imminently, Barton Gold’s next capital moves will be critical to sustaining momentum towards production.
Questions in the middle?
- What will be the total funds raised through the SPP and placement combined?
- How will Barton allocate the new capital across its multiple gold projects?
- What timeline updates can shareholders expect for moving towards production?
