Nativo Resources Raises Funds via Placing, Subscription; Retail Offer Launched

03:47 AM EDT, 07/28/2026 (MT Newswires) -- Nativo Resources (NTVO.L) said Tuesday it raised 640,000 pounds sterling through a placing and subscription, both priced at 0.002 pound apiece. The precious metals company issued 210 million shares under the placing and 110 million shares under the subscription offer, through investment banking firm Hybridan. The company also plans to raise up to 60,000 pounds through a retail offer that will run from Tuesday to Thursday. Nativo plans to use the proceeds to advance its core gold operations in Peru, including the commissioning phase of the gold ore processing plant, further development of the Tesoro gold concession, and for working capital and general corporate purposes.