Dateline Resources Limited

Dateline Resources Limited (ASX:DTR)

Offer Price

A$0.215

per share

Offer Size

A$20,000,000

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Dateline Resources Limited (ASX:DTR)

DTR

Lead Manager

Contact - Jake Grbavac

0474 484 982

jake@liquidity.com.au

Offer Price

A$0.215

per share

Offer Size

A$20,000,000

Offer Details

Issue Price (Per Share)

A$0.215

Discount

-7.50%

Offer Size

A$20,000,000

Shares Available

93,000,000

The Company is seeking to raise approximately A$20.0 million (before costs) in a single-tranche institutional placement via the issue of approximately 93.0 million fully paid ordinary shares in the Company (“New Shares”) utilising the Company’s available ASX Listing Rule 7.1 placement capacity (”Placement”).

Discount

  • 18.9% discount to last-close of A$0.265 on Thursday 28 August 2025
  • 13.8% discount to 5-day VWAP of A$0.249
  • 6.1% discount to 10-day VWAP of A$0.229

Documents & Downloads

Company Overview

Dateline Resources Limited (ASX: DTR; OTCQB: DTREF) is an Australian mining and exploration company focused on North American projects. Its flagship Colosseum Gold–Rare Earths Project in California hosts over 1 million ounces of gold and significant rare earth potential, with ongoing exploration to expand resources.

Key Investment Highlights

High quality gold assets

  • The 100%-owned Colosseum Project hosts a gold resource of 27.1Mt @ 1.26g/t Au for 1.1 Moz of contained Au (67% in M+I categories)
  • Colosseum is located in California, with significant supporting infrastructure and an experienced mining workforce

Rare earth exposure

  • Colosseum has significant REE prospectivity and is located adjacent to the operational Mountain Pass mine, bearing indistinguishable geology
  • Mountain Pass is a high-grade mine, averaging 6-7% TREO with high-grade pockets over 15% and an over c.30-year Life of Mine

Clear pathway to production and growth

  • Colosseum is fully permitted with a BFS release expected by the end of 2025/early 2026
  • Scoping Study demonstrated robust financials (US$550m pre-tax NPV6.5 and 61% pre-tax IRR at US$2,900/oz assumed Au price), a simple open pit mining operation and 2.0Mtpa CIP processing flowsheet with 92% recoveries as per historical production records

Strong market and cash position with potential US government funding

  • Strong cash position and market liquidity enables Dateline to continue its plans for the development of Colosseum
  • U.S. Government support for the development of the Colosseum Project includes direct Presidential validation and commentary from U.S. Secretary of the Interior Doug Burgum who considers Colosseum of national significance to the Trump administration

Experienced board and management team

  • Dateline has a strong leadership team who hold a significant ownership stake (c.33%), ensuring alignment between management and shareholders

Near-term catalysts

  • Release of BFS, with upcoming exploration planned to be incorporated in the results
  • Expected outcome of provisional US Government funding application
  • REE exploration program and drilling of new gold breccia pipe targets

Use of Funds

Use of Funds

1.

Exploration Expenditure

2.

Feasibility Study

3.

Early Site Works

4.

Corporate Overheads

5.

Loan and Trade Creditor Payments

6.

Working Capital and Offer Costs

Indicative Timetable

Bookbuild opens

9:00am Friday, 29 August 2025

Bookbuild closes (APAC)

4:00pm Friday, 29 August 2025

Confirmation letters and CARD forms returned

9:00pm Friday, 29 August 2025

Announcement of successful transaction

Monday, 1 September 2025

Settlement of Placement shares via DvP

Thursday, 4 September 2025

Allotment of Placement shares via DvP

Friday, 5 September 2025

Disclaimer

This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Dateline Resources Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.

Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Dateline Resources Limited.

Dateline Resources Limited

Placement

Dateline Resources Limited (ASX:DTR)

DTR

Offer Price

A$0.215

per share

Offer Size

A$20,000,000

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