Genmin Limited has successfully completed the first tranche of its capital raising, issuing over 131 million shares to fund its flagship Baniaka iron ore project in Gabon, targeting production by late 2026.
Genmin Limited has appointed Greg Lilleyman as Executive Chair to leverage his extensive iron ore expertise in driving the build-ready Baniaka project towards final investment decision and construction.
Genmin Limited has increased insider loans by A$0.5 million, reinforcing funding for its flagship Baniaka iron ore project in Gabon as it targets production in late 2026.